5 ways to build a better compliance program

07/14/2014 | Bloomberg BNA (free content)

Companies can mitigate risk by establishing a strong compliance program. The program should encompass anti-corruption, data security, third-party liability, insider trading and other regulatory risks. Companies can take five steps to create an effective compliance program: Set a tone of compliance at the top, consider whether to hire more compliance professionals, train employees on regulation and compliance, use technology to monitor compliance and determine whether to invest more to develop compliance and oversight programs.

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