Financial Regulatory Forum

Compliance officers face multiple options for credentials

By Guest Contributor
May 17, 2012

By Julie DiMauro

NEW YORK, May 17 (Thomson Reuters Accelus) – The compliance officer role in heavily regulated industries, such as defense contracting, healthcare and financial services, is endowed with great responsibility. The compliance officer is charged with spotting risk and pursuing the policies and procedures that bring such exposures to levels deemed acceptable as contemplated by agency regulations and local and federal laws.

Firms urged to spend more, complain less to meet compliance challenge

By Guest Contributor
May 16, 2012

By Rachel Wolcott

LONDON/NEW YORK, May 16 (Thomson Reuters Accelus) – Talk to any compliance officer these days and the chances are they will tell a story about too many new rules from too many jurisdictions that are too complicated and labour-intensive and expensive to implement. Each time another missive hits their desks from the Financial Services Authority (FSA), or one of the many other global, European Union or U.S. regulators, bankers, their compliance officers or risk managers, wonder quite how they will be able to manage the implementation process and also, perhaps more importantly how much it will all cost.