How compliance has moved into the headlines and regulators’ crosshairs, and why your board should care (part 2)

The legal department’s starting point for any policy must be developing an understanding of the underlying purpose

At many organizations, introducing new policies and procedures, and educating those affected by them about their importance, can require significant effort. 

Some policies and procedures can be very technical or pertain to a specific legal requirement. This can be particularly true of compliance matters. This specialization may create the perception that the document exists within a very narrow silo at your organization. More challenging, it may create the sense that new territory is being covered and that few resources are available to assist you with developing and implementing the process.

Contributing Author

author image

Kelly Lipinski

Kelly Lipinski is a member in McGlinchey Stafford's Cleveland office. Her practice focuses on compliance and regulatory matters involving the consumer financial industry. She regularly...

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.