Compliance Effectiveness: Are Our Investments Paying Off?

By Ellen Zimiles and Michael Bowman
20 Rising Stars-Compliance, August 2007

The Demand for effective compliance programs at financial services firms continues to grow.

The blitz of new laws and regulations implemented over recent years—Sarbanes-Oxley, the USA PATRIOT Act, Basel II, and Regulation NMS, to name a few—have caused compliance officers to kick into overdrive.

In addition, many board members and senior managers are operating under a “fear factor” inspired by the onslaught of recent regulatory enforcement actions covering areas as diverse as anti-money laundering compliance, market timing and manipulation, back-dating of stock options, and accounting fraud. Read More.