Thomson Reuters, for its Personal Liability Report, found that 93% of compliance professionals expect their personal liability to increase over the next year, with 64% of them expecting a “significant” increase. Half of the respondents believe senior managers don’t really know what’s going on in their businesses. And yet, nearly two-thirds of the 2,000 risk and compliance professionals surveyed by Thomson Reuters also expect the regulatory focus on holding senior managers accountable to extend internationally.
via Compliance Officers Think Regulators Are Targeting Them – Risk & Compliance – WSJ