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The Importance of Building a Culture of Trust and Compliance

Fusion Risk Management

In tightly regulated industries like banking, Compliance Alert notes: “Chief Compliance Officers (CCOs) increasingly face personal liability for corporate wrongdoing and regulatory violations as a change of guidelines and a string of federal enforcement actions have transformed the environment in which CCOs operate.

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What’s Next After Completing Your Operational Resilience Self-Assessment?

Castellan

The requirements include reviewing operational resilience capabilities, including mapping and testing for impact tolerances for important business services. While this is still within a relative stage of infancy, he noted generally positive movement for organisations effectively identifying their important business services.