Relationship in compliance department and other departments

Reference no: EM1356327

A) What are the benefits of ensuring good relationships between the Compliance Department and other departments within the business? What is likely to be the negative impact of not doing so? How do regulators in your jurisdiction view the significance of the relationship of compliance within the business unit?

b) What actions would you take to ensure the reputation of the Compliance Department and provide the business with a good, proportionate compliance service? What skills would you, as Compliance Officer, need to demonstrate in order to assist you in this? hide problem

Reference no: EM1356327

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