Key Themes

Science & Research

Innovation & Technology

Governance & Metrics

Transformational Leadership

Culture & Consequences

Community Views

Starling Insights features contributions from some of the top thought leaders from industry and academia.

Amy Edmondson

Professor Edmondson is the Novartis Professor of Leadership and Management at Harvard Business School, a chair established to support study of human interactions that lead to the creation of successful enterprises and the betterment of society. She studies leadership, psychological safety, and organizational learning.

View Profile

Gary Cohn

As Assistant to the President for Economic Policy and Director of the National Economic Council (2017-2018), Gary Cohn managed the US economic policy agenda, stimulating economic expansion, job creation, and wage increases through historic tax and regulatory reform. Prior to that he was the President and Chief Operating Officer at Goldman Sachs where he worked for more than 25 years.

View Profile

Klaas Knot

Klaas Knot is President of De Nederlandsche Bank and is the Chair of the Financial Stability Board. He is also a member of the Governing Council and the General Council of the European Central Bank, member of the European Systemic Risk Board, member of the International Monetary Fund's Board of Governors and a member of the Board of Directors of the Bank for International Settlements.

View Profile

Axel Weber

Axel Weber is the past-Chair of UBS and the past-President of the German Bundesbank and a member of the European Central Bank Governing Council from 2004 to 2011. He is a member of the Group of 30.

View Profile

All Community Views Compendium Contributors

Follow Topic Follow Contributor Share Feedback

Testing Compliance: it’s no good if it doesn’t work

by Starling Insights

Starling Insights Editorial Board

Oct 22, 2021

Observations

Limits of Compliance Governance & Metrics Regulatory Trends

Firms and their overseers must enquire into the performance efficacy of risk and compliance systems: does it work?

In a recent article, University of Virginia law professor Greg Mitchell and Duke law professor Brandon Garrett argue that neither companies, but particularly not government regulators or enforcers, should treat compliance as “hope-based” when they investigate to see if a firm is acting in keeping with industry best practices.

This content is available to paid Members of Starling Insights.

If you are a Member of Starling Insights, you can sign in below to access this item.

If you are not a member, please consider joining Starling Insights to support our work and get access to our entire platform. Enjoy hundreds of articles and related content from past editions of the Compendium, special video and print reports, as well as Starling's observations and comments on current issues in culture & conduct risk management.

Testing Compliance: it’s no good if it doesn’t work

Join The Discussion

See something that doesn't look quite right?