COMPLIANCE CULTURE

Abstract

There is much talk of ‘compliance culture’ and, latterly, ‘compliance ethos’ and it is generally assumed that this is a good thing, by definition. This paper suggests that the existence of a compliance culture is never in doubt — all firms have one, the question is what is its orientation? The paper proposes three possible states of a compliance culture and suggests some qualitative measures of a positive or pro‐compliance culture. The paper is an extract from a submission made to NatWest Life's Audit and Compliance Committee in February 1995.

Citation

JENKINSON, D. (1996), "COMPLIANCE CULTURE", Journal of Financial Regulation and Compliance, Vol. 4 No. 1, pp. 41-46. https://doi.org/10.1108/eb024866