For the last two decades, the compliance community has debated whether the compliance function should be part of the legal team or stand alone. This argument misses a critical point – Compliance is more than just identifying and interpreting laws and regulations. Compliance is in the business of managing risk. That is why a third approach is increasingly getting attention and acceptance – anchoring Compliance within an organization’s Risk Management function. This presentation will explore the reasons for this trend, provide an overview for the Compliance risk management function, and summarize the advantages to your organization from its adoption:

• Regulatory and other drivers supporting Compliance as a risk manager

• Incorporating the laser focus on risk within an overall compliance management framework

• Defining the new roles and skill sets needed

• Creating your company’s specific compliance risk profile

• Winning over your Board and executive leadership

As an integral part of every organization’s management of risk, Compliance will be an even more essential and appreciated contributor to how business gets done, with an

influence and impact that far exceeds its “legal” role.