The Man From FCPA attended the 15th annual SCCE Compliance and Ethics Institute in Chicago recently. Flying home to Houston offered some time for reflection on this year’s signature event for the SCCE. The event had over 1,700 attendees, and it was a great demonstration of the growth of the corporate compliance profession. Many of us got into the compliance profession through the legal function; a few came into the profession from internal audit or other corporate function.

Now however many practitioners new to the compliance profession are coming from other disciplines. It occurred to me that the next generation of compliance professionals will be university trained compliance professionals. This means more than simply a course or two on such regulations as the FCPA, export control or anti-money laundering laws; but with a much broader skill set which will enable a chief compliance officer or compliance practitioner to be more effect in making compliance help businesses not only do business the right way but also do business more efficiently and, at the end of the day, more profitably.

Thomas Fox has practiced law for over 40 years. Tom writes the daily award-winning blog, the FCPA Compliance and Ethics blog and founded the Compliance Podcast Network. Tom leads the discussion on AI in...