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3 - The Professionalization of Compliance

from Part I - Compliance Concepts and Approaches

Published online by Cambridge University Press:  07 May 2021

By
Eugene Soltes
Edited by
Benjamin van Rooij  and
D. Daniel Sokol
Benjamin van Rooij
Affiliation:
School of Law, University of Amsterdam
D. Daniel Sokol
Affiliation:
University of Florida
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Summary

Abstract: In the last three decades, compliance has grown from an ad hoc job function into a sophisticated profession. In this chapter, I describe the development of the field and current challenges in the design of effective compliance programs. I discuss several opportunities, particularly around the use of data and analytics, that have the potential to enhance compliance efficiency and efficacy.

Type
Chapter
Information
The Cambridge Handbook of Compliance , pp. 27 - 36
Publisher: Cambridge University Press
Print publication year: 2021

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References

Chen, Hui, and Soltes, Eugene. 2018. “Why Compliance Programs Fail: And How to Fix Them.” Harvard Business Review 96 (2) (March–April): 116–25.Google Scholar
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