U.S. Sentencing Commission’s new ethics guidelines show the ethics buck stops at the top. CSO: “Doing the right thing” is a core value of our corporate culture. The guidelines now require companies to periodically assess the risk of criminal misconduct and to take steps that address identified exposures. “We have to perform ongoing risk assessments because if we don’t and something bad happens, the court and shareholders will hold the board and top management responsible,” says CSO. “It’s a joy to be the CSO here,” he says, but “our safeguards aren’t bulletproof””]
Source: https://www.csoonline.com/article/2118012/the-corporate-ethics-committee–doing-the-right-thing.html