Schwab Survey Finds Compliance Officers Have Significant Influence in Corporate Decision-Making

SAN FRANCISCO--(BUSINESS WIRE)--A new survey from Compliance Solutions at Charles Schwab finds the role of the compliance officer is evolving and growing in scope across corporate America. Among those compliance professionals surveyed, 80 percent feel their role is valued within their firm and nearly two-thirds (62%) believe they have influence over corporate decisions. The survey also reveals a need for more tools designed to help compliance officers do their jobs more efficiently and effectively.

The role of the compliance officer has changed dramatically over the past decade as technology has allowed businesses to operate at lightning