CCO liability: How to protect your compliance career
By 
Amii Barnard-Bahn2024-05-01T14:00:00
It’s largely impossible to effectively assess an organization’s culture of compliance prior to taking a chief compliance officer job. And yet, regulators’ growing interest in holding CCOs responsible for company misconduct has understandably raised anxiety for would-be compliance chiefs.
They might be asking themselves questions like:
- What if liability is imposed when compliance acts negligently, rather than recklessly?
- What happens when compliance relies on inaccurate data from another employee?
- Are compliance officers still liable if they haven’t participated in the violations caused by the company or other executives?
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