The Role of the Compliance Officer

Benchmark your own compliance function against best practice in the industry
Explain the nature and importance of maintaining ongoing compliance
Ensure Senior Management are aware of and understand their responsibilities
Explain what can happen if things go wrong
Develop a comprehensive and effective Compliance Monitoring Programme
Develop and maintain an appropriate compliance culture
Carry out “best practice” monitoring methodology
Assess if “best practice” really would work in your firm
Ensure the basics are in place
Ensure compliance adds value in your firm
Assess the extent to which your compliance arrangements meet the expectations of the regulator and Senior Management