In Compliance, Big Salaries Come With Big Risks and Responsibilities

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Compliance has become a huge industry, partly out of wanting to simply do good business, but mostly out of the necessity of complying with ever-increasing rules and regulations from governments and other regulatory agencies.

In response to the new demand, companies are now paying hefty salaries to compliance officers. As with all things, however, great rewards come only from great risks and responsibilities.

In this article we explain why Compliance Officers are earning higher salaries and why they are personally at risk for non-compliance.

FIFA, Corruption and Sports Governance

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The world’s most popular sport is facing a crisis of confidence, and not without good reason. What started as an investigation by the United States Department of Justice into bribery concerning broadcast rights, has become an full scale investigation of FIFA as a whole.

Swiss authorities began looking into bribery charges concerning the 2018 and 2022 World Cup bidding process within hours of the broadcasting scandal, and at least 14 officials and marketers for FIFA have already been indicted for corruption.

In this article we analyse FIFA’s corruption problems and offer a solution for the future, through a governance and compliance approach.