Publication | The Corporate Board
Board Oversight of Compliance
Thomas F. O'Neil, III
As regulatory demands on public companies have increased, oversight of corporate compliance structures has become central to the board’s fiduciary duties. While the board as a whole is responsible for assuring sound compliance, more boards are considering a dedicated compliance committee as an oversight mechanism.
Tom O’Neil provides insight into how responsibilities should be assigned across a board’s compliance and ethics committee and how they can enhance the effectiveness of governance.