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DoJ chief signals move to empower compliance officers

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DOJ considering requiring both the CEO and the CCO to certify that their company’s compliance program is reasonably designed and implemented.

“Chief compliance officers and their functions should have true independence, authority, and stature within the company.”

That was the message from Assistant Attorney General Kenneth A. Polite Jr. to students on NYU Law’s Program on Corporate Compliance and Enforcement.

And he revealed that, to empower chief compliance officers (CCOs)