SAI Global Compliance to Explore Personal-Risk and Liability for Chief Compliance Officers in the Financial Services Industry

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“Personal Risk and the Chief Compliance Officer: How to Avoid Regulatory and Civil Liability,” Wednesday, May 9, at 2:00 p.m. ET

SAI Global Compliance, the world’s leading provider of governance, risk and compliance (GRC) products, services and technology, including the Compliance 360® GRC Software Suite, will host a complimentary webinar discussing the personal risks Chief Compliance Officers (CCOs) face when dealing with increased regulatory scrutiny – and the practical steps they need to take to avoid potentially devastating liability.

In the financial services industry, compliance personnel, especially CCOs, are under tremendous pressure to do more with less. While regulatory pressures and ongoing changes are nothing new, many CCOs are working with flat or reduced budgets and have overwhelmingly heavy workloads. In light of this, CCOs face unprecedented exposure and need to take steps to avoid regulatory and civil liability. Several legal theories can be used to hold CCOs and other compliance personnel liable – not only for their own misdeeds, but those of others.

Bradley Bondi, partner with Cadwalader, Wickersham & Taft LLP’s Business Fraud and Securities Litigation practice, and Glen Barrentine, special counsel with the firm’s Financial Services Practice, and the former Chief Regulatory Officer for the American Stock Exchange (Amex), will join SAI Global Compliance executives to discuss:

  • The broad scope of legal theories that make CCOs more liable to risk than other financial services personnel
  • The regulators’ approach to liability
  • Practical steps CCOs can take to avoid liability and reduce personal risk

WHAT: “Personal Risk and the Chief Compliance Officer: How to Avoid Regulatory and Civil Liability”
WHEN: Wednesday, May 9, 2012, from 2:00 p.m.-3:00 p.m. ET
WHERE: http://compliance360.com/Mailers/2012_05_WEBINAR_PersonalRisk.asp

SAI Global Compliance frequently hosts free webinars that cover a wide array of GRC topics for organizations in regulated industries. Both vertical-specific and cross-industry, these webinars provide valuable education and advice on GRC news, challenges and best practices. SAI Global Compliance has joined forces with some of the industry’s leading authorities to help organizations stay ahead of the curve. Visit http://compliance360.com/webinars for access to on-demand webinars and information on upcoming events.

About Cadwalader, Wickersham, & Taft LLP
Established in 1792, Cadwalader is one of the world's leading international law firms, with offices in New York, London, Charlotte, Washington, Houston, Beijing, Hong Kong and Brussels. Cadwalader serves a diverse client base, including many of the world's top financial institutions and corporations, undertaking business in more than 50 countries. The firm offers legal expertise in antitrust, banking, business fraud, corporate finance, corporate governance, energy, environmental, financial restructuring, healthcare, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, and tax. More information about Cadwalader can be found at http://www.cadwalader.com

About Compliance 360® GRC Software Suite
The original Governance, Risk and Compliance (GRC) software solutions born in the cloud, Compliance 360 brings order and efficiency to the complexity of enterprise governance, risk management, compliance and audit management. The Compliance 360 GRC Software Suite includes regulatory compliance software, policy management software, internal audit software, incident management software, ERM software and a wide variety of specialty applications. More than 250,000 professionals every day in healthcare, insurance, financial services, distribution and other regulated industries rely on Compliance 360 applications to help protect their revenues, reputations and brands. http://www.compliance360.com

About SAI Global Compliance
SAI Global Compliance provides organizations with a wide range of governance, risk and compliance (GRC) products, solutions and services that help build organizational integrity and meet overall business objectives. With more than twenty-five years experience and offices in more than 25 countries, SAI Global’s solutions include a wide range of GRC products and services including the Compliance 360 GRC Software Suite, best practice Code of Conduct program services and training, compliance and ethics training and awareness, risk and culture assessments, a full range of advisory services, whistleblowing hotline services, regulatory knowledge, policy management, case management, and third party compliance management including automated due diligence workflow and management. http://www.saiglobal.com/compliance

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Megan Garnett Coyle
Articulate Communications Inc.
(212) 255-0080 14
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