Compliance Program Essentials: Leadership Commitment to a Culture of Ethics and Compliance | Practical Law
This Practice Note discusses high-level commitment by organizational leadership to implement a culture of ethics and compliance as a core component or hallmark of an effective corporate compliance program. Topics addressed include US regulators' expectations for senior leadership (the board of directors and senior executives) to set an ethical tone from the top, middle management to reinforce an ethical culture, and the board of directors to actively oversee the compliance program.