Coordination of ‘Legal’ and ‘Compliance’: New Pressures on the Board

Overview


Michael Peregrine wrote this bylined article that explores the reasons for and the ways to remedy the increased blurring of the distinctions between corporate legal and compliance functions. If left unaddressed, Mr. Peregrine wrote, this blurring “could lead to significant organizational risk,” adding that “the governing board is obligated to address this risk by working with executive leadership to assure clarity between the roles of general counsel and chief compliance officer.”