ACG NJ Monthly Event, February 21, 2023

The Evolution of Compliance from Back-Office Obscurity to Forward-Looking Strategic Business Imperative

For decades, Compliance was commonly relegated to a prosaic back-office function, mainly relevant to regulated industry. Other than tracking Code of Conduct training and securing certifications for required regulatory filings, compliance professionals were rarely on the radar screens of senior leadership.

Flash forward to today, where Compliance issues are front and center in the Boardroom, the C-Suite, and daily media headlines. Having a robust compliance infrastructure and culture has now become a lucrative business advantage, a marketing edge, and an essential attribute for success. Today’s Chief Compliance Officers are prominent members of corporate C-Suites as well as strategic business partners involved in key business decisions.  How did we get here?

In this session, Alexandra Rebay, former federal prosecutor and Chief Compliance Officer for Verizon, will offer an enforcement as well as a business perspective on the evolution of Corporate Compliance from its modest early days to the critical operational role it now holds in organizational leadership. We will explore how to anticipate and address enforcement expectations in the context of significant recent developments and trends in cybersecurity, anticorruption, fraud prevention, and other key areas for global business.