compliance officer


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compliance officer

in financial services law, a person employed by a financial group operating in a variety of fields and for multiple clients to ensure that no conflict of interest arises and that all obligations and regulations are complied with.
References in periodicals archive ?
"Although we occasionally bring enforcement actions against compliance personnel, compliance officers who perform their responsibilities diligently, in good faith, and in compliance with the law are our partners and need not fear enforcement action," White told compliance officers at the National Society of Compliance Professionals annual meeting in Washington.
Dohmen said technology also has helped enhance the position of compliance officer. "The use of computers and the Internet has made it much easier for customers to become more knowledgeable about insurance products, and it has allowed both the departments of insurance and insurance companies to be more accessible by customers," he said.
"As new rules are enacted and regulatory guidance is constantly evolving, we are keen to provide compliance officers, attorneys and business personnel with valuable guidance around regulatory requirements and expectations that will help with developing compliance policies and procedures."
Jobes held leadership positions across a number of biopharmaceutical companies, including senior vice president, chief compliance officer for Auxilium Pharmaceuticals, Inc.; vice president, chief compliance officer for Adolor (Cubist) Corp.; and senior director, Global Compliance for Cephalon, Inc.
Be that as it may, while the compliance officer is the primary implementor of the compliance program, its implementation would be more successful if there is shared responsibility among all the members of the organization, including the board of directors, since everyone ultimately benefits therefrom.
He has completed the Mississippi School of Banking sponsored by the Mississippi Bankers Association as well as the ICBA Compliance Institute which recognizes him as a Certified Community Bank Compliance Officer.
WORLDWIDE COMPUTER PRODUCTS NEWS-October 5, 2017-VEON names Josh Drew as group chief compliance officer
NORDIC BUSINESS REPORT-June 10, 2016-Millicom names HL Rogers as EVP, chief ethics and compliance officer
And Caroline West was promoted from her role as chief compliance officer of OCA to global chief compliance officer.
During that meeting, senior management should also make clear that the chief compliance officer speaks for senior management relative to compliance matters, and that what applies to the most junior staff member also applies to the most senior staff member.
Easton has joined the firm as Chief Compliance Officer of the Company's Risk and Insurance Services segment.
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