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How regional committees can strengthen compliance culture

Tom Fox | April 30, 2018

One way to operationalize compliance is to implement a regional model for oversight. Such an approach can more effectively ensure employee and third-party compliance with your code of conduct by integrating compliance into every aspect of a company’s functions and generating the necessary information to continuously improve your program. A regional compliance committee can operate on multiple planes to fully operationalize compliance in a company, augment existing internal controls, and make the company a more efficient and profitable entity. 

The formation of a regional compliance committee creates more direct ownership, accountability, and transparency, and it integrates the compliance function into all levels of the company’s operations.  This approach also significantly improves consistency of compliance execution and helps to ensure that a company’s business objectives are achieved in a legally compliant fashion. Regional compliance committees can also advise and...

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