VIEWS: 21 PAGES: 2 CATEGORY: Business POSTED ON: 9/30/2010
The major benefit of having a top-level executive, with overall responsibilities for risk and compliance, allows the sector of risks and compliance to manage a wider variety of corporate risks. Hence chief compliance officers or CCOs are typically charged for bringing an all-in-one approach to corporate risks and compliance. New technologies have allowed CCOs to predict future risks with the help of several tools.
"The Evolving Role of the Chief Compliance Officer"