Compliance 2.0

Roy Snell – The Compliance & Ethics Blog – March 2016

When personal computers first came out, they called the underlying software an “operating system” and the first big improvement to that operating system was called “version 2.0.” When society decided we need a systematic approach to preventing, finding, and fixing ethical and regulatory problems, they called it a “compliance and ethics program” and named the person in charge a “compliance and ethics officer.” Naming new versions of something has a purpose: it helps those who are behind to know they are behind.

It’s been about 20 years since we first started using the terms compliance program and compliance officer. About a year ago I first started seeing the term “Compliance 2.0” used by Donna Boehme. She used it to describe organizations that had an independent compliance officer. Michael Scher used the term on the FCPA Blog to describe the Society of Corporate Compliance and Ethic’s annual conference. He used the term Compliance 2.0 to describe an advancement in the understanding of the role of a compliance officer and the function of a compliance program.

Read this article on the SCCE’s Compliance & Ethics Blog.