Managing the chief compliance officer roles as partner and adversary

6 minute read

In the delicate ecosystem of corporate governance, the role of the chief compliance officer (CCO) embodies a profound duality. Traditionally seen as the custodians of ethics and compliance within an organization, CCOs often function as both collaborators and, when necessary, adversaries. This complex position requires balancing collaborative efforts to foster a culture of compliance with the obligation to enforce regulations and standards strictly, stepping into an adversarial role when internal cooperation fails. I have yet to meet a CCO who prefers the adversarial role to the collaborative role. We want the support of our colleagues, and we want to work together to resolve an identified risk.

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