Compliance Records Are a Strategic Gold Mine

Maintaining comprehensive and defensible compliance records can influence the tone of discussions with regulators, mean escaping millions of dollars of fines and be a gold mine for a compliance program that has gaps that need to be identified and plugged. In a guest article, Gwen Romack, senior director of legal and regulatory compliance at software company VMWare, explains how a thorough and strategic approach to documenting a program can add value by offering a big-picture view and strategic insights. See also our three-part series on the growing role of the chief data officer: “Skill Sets, Priorities and Collaboration” (Jul. 17, 2019); “Reporting Structures and Budget” (Jul. 24, 2019); and “Compliance and Third Parties” (Jul. 31, 2019).

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