Industry Expert Discussed Why Lines Must Be Drawn When It Comes to Reporting Relationships. An interview with Donna C. Boehme.
Snell: Is the compliance officer’s independence compromised by reporting to the general counsel?
Boehme: Yes, for so many reasons. A reporting line to the general counsel is usually the worst possible structure for the compliance and ethics officer and, by extension, the overall program. Sen. Charles Grassley’s famous quote about a general counsel managing a compliance program (in the Tenet Healthcare Medicare fraud settlement) was: “It doesn’t take a pig farmer from Iowa to smell the stench of this conflict.” Whether a highly regulated ot nonregulated industry, the principle of an independent voice in the C-suite and to the board for matters as significant and far-reaching as compliance, ethics, and culture is an idea whose time has come.
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