More data on compliance and reporting to the general counsel

Based on a survey of its members where 810 of them responded last year, the Society for Corporate Compliance and Ethics (SCCE) produced data on the reporting lines of the chief compliance officer (See my post of July 23, 2010: compliance and ethics with 24 references and 2 metaposts.).

In publicly traded US companies, half the time (51%) the general counsel’s office houses compliance so the topic compliance person reports to the top lawyer. In privately traded companies only a quarter of the time (27%) is that true. Because the SCCE asked specifically about healthcare companies, they also described that industry as less likely to have compliance reporting to law. To obtain a copy of the full report that contains this data, click here to email its president, Roy Snell.