General counsel are at the intersection of legal and compliance Tim Roberts Photogallery
Legal departments now have primary responsiblity for the enterprise compliance function in 40 per cent of organisations, research conducted by Mitratech has highlighted. The research found that the role of Chief Compliance Officer and General Counsel has become more tightly entertwined and legal departments are staffing up to meet these compliance needs. The company has produced a white paper - 'At the Intersection of Legal and Compliance: The Opportunity for General Counsel to Meet Increasingly Complex Requirements and Lower Business Risk' - which compares two recent Foreign and Corrupt Practice Act (FCPA) violation cases with dramatically different outcomes. It outlines how legal departments can put in place the policies, controls and organisation structures which will lead to lower overall risks despite increasing compliance challenges. For a copy of the white paper, contact Mitratech.