Tag Archives: Sean J. Griffith

Measuring Compliance

by Sean J. Griffith

Regulatory and enforcement authorities are increasingly pressing firms to demonstrate the quality of their compliance program by reference to metrics.  For example, in a recent interview, Hui Chen, the DOJ’s Compliance Expert stated that “strong compliance must be data driven” and emphasized that “the kind of data [firms] do and do not monitor tells me a lot about how sophisticated their program is.”[1]  This is a fairly clear signal from the DOJ that firms must develop metrics to measure compliance or risk losing mitigation for having an “effective” compliance program. Continue reading