Insights
Publication | The Corporate Board
Board Oversight of Compliance
Thomas F. O'Neil, III
May/June 2022
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.