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Brian Michael spoke to the Wall Street Journal about a new Justice Department policy aimed at giving compliance officers a voice and providing them with access to information and resources needed to guarantee their company’s compliance program is effective.



A New Policy is Making Corporate Compliance Chiefs Uneasy

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Brian Michael spoke to the Wall Street Journal about a new Justice Department policy making chief compliance officers personally liable for guaranteeing the effectiveness of their company’s compliance program in settlements with federal prosecutors.“I think it could make a compliance officer’s job really difficult,” Brian said. “It runs the risk of creating a lot of resentment and friction between chief compliance officers and other senior executives.”Brian added that the policy could put compliance officers in a bind, and while it empowers them to a degree, giving them the ability to refuse certification could fracture their relationship with the CEO and other executives.“The CEO is not going to look kindly on a COO who is not willing to sign this thing, particularly if the CEO or other senior executives think they ought to be able to,” Brian said.Read the <a href="https://www.wsj.com/articles/a-new-policy-is-making-corporate-compliance-chiefs-uneasy-11655404453?st=xtunwbe1bl7on5x&reflink=desktopwebshare_permalink" target="_blank">full article</a> (subscription may be required).