What does it take to build an ethical culture of ‘doing the right thing when no one is watching’?
What does it take to build an ethical culture of ‘#doing the #right #thing when #no #one is #watching’? by #Robin Singh the #whitecollarinvestigator
What does it take to build an
ethical culture of ‘#doing the #right
#thing when #no #one is #watching’? by #Robin Singh the #whitecollarinvestigator
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<strong>What</strong> <strong>does</strong> <strong>it</strong> <strong>take</strong> <strong>to</strong> <strong>build</strong> <strong>an</strong><br />
<strong>ethical</strong> <strong>culture</strong> <strong>of</strong> <strong>‘doing</strong> <strong>the</strong> <strong>right</strong><br />
<strong>thing</strong> <strong>when</strong> <strong>no</strong> <strong>one</strong> <strong>is</strong> <strong>watching’</strong>?<br />
BY ROBIN SINGH<br />
W<br />
<strong>it</strong>h <strong>the</strong> growing web <strong>of</strong> <strong>the</strong> regula<strong>to</strong>ry environment,<br />
at<strong>to</strong>rneys face a lot <strong>of</strong> problems interpreting regulations,<br />
let al<strong>one</strong> <strong>the</strong> compli<strong>an</strong>ce <strong>of</strong>ficers. The buzzwords<br />
in <strong>to</strong>day's eco<strong>no</strong>my are “compli<strong>an</strong>ce programs,” because th<strong>is</strong> pretends<br />
<strong>to</strong> act as a euphem<strong>is</strong>m for “survival” in <strong>the</strong> fight against<br />
regula<strong>to</strong>ry compli<strong>an</strong>ce. There <strong>is</strong> <strong>an</strong> over-reli<strong>an</strong>ce placed on <strong>the</strong><br />
words “compli<strong>an</strong>ce programs” ra<strong>the</strong>r th<strong>an</strong> <strong>the</strong> subst<strong>an</strong>ce <strong>of</strong> <strong>the</strong>m.<br />
The pressure on <strong>the</strong> Compli<strong>an</strong>ce department<br />
W<strong>it</strong>h ever-growing regula<strong>to</strong>ry, legal, <strong>an</strong>d o<strong>the</strong>r internal rules,<br />
policies, <strong>an</strong>d procedures, <strong>it</strong> <strong>is</strong> difficult <strong>to</strong> m<strong>an</strong>age or adhere <strong>to</strong> compli<strong>an</strong>ce<br />
associated w<strong>it</strong>h <strong>the</strong>se laws <strong>an</strong>d rules. Fur<strong>the</strong>rmore, w<strong>it</strong>h <strong>the</strong><br />
effects <strong>of</strong> <strong>the</strong> recession still prevailing over various eco<strong>no</strong>mies, <strong>the</strong>re<br />
are m<strong>an</strong>y people who are simply looking for <strong>an</strong> entry in<strong>to</strong> a pr<strong>of</strong>ession<br />
<strong>to</strong> commence <strong>the</strong>ir daily earnings. Only a lim<strong>it</strong>ed h<strong>an</strong>dful<br />
<strong>of</strong> pr<strong>of</strong>essions have grown in requirement, <strong>an</strong>d if <strong>one</strong> removes <strong>the</strong><br />
opportun<strong>it</strong>ies associated w<strong>it</strong>h information tech<strong>no</strong>logy, <strong>the</strong>n people<br />
are left w<strong>it</strong>h hardly <strong>an</strong>y options.<br />
Compli<strong>an</strong>ce <strong>is</strong> a field in dem<strong>an</strong>d, <strong>an</strong>d <strong>it</strong> <strong>is</strong> in <strong>it</strong>s nascent stage<br />
<strong>to</strong> be a hardcore, tech<strong>no</strong>logy-focused field. The impact <strong>of</strong> people<br />
ethikos March/April 2018 23