Recently publicised high profile fines by the FSA and company meltdowns because of poor accounting practices have only fuelled the pressure on companies to address their regulatory policy. The fact that the Approved Person’s ruling puts other executives at risk has dramatically increased the responsibilities that a company places on its Compliance Director.
Compliance has historically been perceived as an unglamorous role in any company, particularly within Financial Services. This has attributed to a definitive shortage of high quality regulatory specialists who can effectively undertake the demands placed upon the modern Compliance Director. Many of today’s regulatory issues and challenges are new. It is becoming more unusual for companies to have the ideal mix of experienced Compliance Director who understands the old and the new, as well as having the experience at Board level to set and deliver regulatory policy change across a large organisation. Many companies would find that an easier solution would be to purchase a short term compliance expert to advise and implement the changes required to achieve and maintain complaiiant status.
Stamper has a complementary sister organisation called InterimComplianceDirector who provides the highest level of compliance consulting services. We provide Interim Compliance Directors to companies on a daily basis, with placements typically lasting 3 – 9 months on client site. If you are a Compliance Director and are interested in becoming a consultant either now or in the future please visit InterimComplianceDirector.com. Your organisation may also be interested in using an Interim Compliance, in which case please visit this site for further information and contact details.
InterimComplianceDirector.com provides the following consulting solutions: