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Society of Corporate Compliance and Ethics Establishes Code of Ethics for Compliance and Ethics Professionals
Society of Corporate Compliance and Ethics Establishes Code of Ethics for Compliance and Ethics Professionals
Published 09-05-07
Submitted by Society of Corporate Compliance and Ethics
Minneapolis, MN - September 4, 2007 - The Society of Corporate Compliance and Ethics (SCCE) today adopted a Code of Ethics for Compliance and Ethics Professionals. "With this Code of Ethics, the SCCE today has taken an essential and vital step in establishing the compliance and ethics profession," said Roy Snell, Society of Corporate Compliance and Ethics Chief Executive Officer.
"The Code of Ethics will become the bedrock upon which the compliance and ethics profession stands," said Joseph E. Murphy, CCEP, of Counsel, CSLG and Code of Ethics Development Committee Co-Chair
The Code's purpose is to provide guidance and rules to all Compliance and Ethics Professionals (CEP) in the performance of their professional responsibilities.
In creating the Code of Ethics, the SCCE establishes both overarching principles to guide compliance officials and rules of conduct, which represent specific standards that prescribe the minimum level of professional conduct expected of CEPs.
For a complete copy of the Code of Ethics, visit the SCCE website at:
http://www.corporatecompliance.org/resources/documents/SCCECodeofEthics.pdf
The Code's preamble states: "Compliance and Ethics Professionals understand that the services we provide require the highest standards of professionalism, integrity and competence. The Code of Ethics expresses the profession's recognition of its responsibilities to the general public, to employers and clients, and to the profession."
"This Code is the expressed commitment to professionalism in the worldwide community of compliance and ethics professionals," added Rebecca Walker, Partner, Kaplan & Walker LLP, who co-chaired the SCCE Code of Ethics Development Committee.
"We are very pleased to introduce this voluntary code, which offers important guidance to compliance and ethics professionals," said Snell.
Code of Ethics Outlined During 2007 Compliance and Ethics Institute Session
The SCCE Code of Ethics will be reviewed by Joseph Murphy, JD, and Rebecca Walker, JD, during an afternoon session of the Compliance and Ethics Institute, on September 10, 2007, being held at the Sheraton New Orleans Hotel in New Orleans, LA. For more information on this and other sessions at the Compliance and Ethics Institute click here: http://www.corporatecompliance.org/CEInstitute/index.htm
Background
The SCCE Advisory Board formed a task force made up of the following individuals to develop the code, drawing on knowledge of the compliance and ethics field, and the ethical standards of other professions:
Of Counsel, CSLG
Partner, Kaplan & Walker LLP
Associate Dean for the Undergraduate Programs and Clark W. Thompson Jr. Professor in Accounting Education, McCombs School of Business, The University of Texas at Austin
Litigation partner, member of the Business Fraud and Complex Litigation Group, Cadwalader, Wickersham & Taft LLP
Commissioner, U.S. Sentencing Commission
Practice Leader, Ethics & Compliance Solutions, LRN
This task force produced a draft Code of Ethics and on June 12, 2007, after reviewing the draft, the SCCE Advisory Board sought comments from the SCCE membership. The Code was then approved by a vote of the SCCE Advisory Board. The following will link you to the SCCE Code of Ethics:
http://www.corporatecompliance.org/resources/documents/SCCECodeofEthics.pdf
About the SCCE
The Society of Corporate Compliance & Ethics (SCCE) is headquartered in Minneapolis, MN. Its mission is to champion compliance standards, corporate governance and ethical practice in the business community, and to provide the necessary resources for compliance and ethics professionals and others who share these principles. Visit the SCCE Web site at http://www.corporatecompliance.org, Tel: 888 277 4977 or +1 952 933 4977. Society of Corporate Compliance & Ethics is located at 6500 Barrie Road, Suite 250, Minneapolis, Minnesota 55435. E-mail: info@corporatecompliance.org
Society of Corporate Compliance and Ethics
Society of Corporate Compliance and Ethics
The Society of Corporate Compliance & Ethics (SCCE), headquartered in Minneapolis, MN, is a non-profit organization dedicated to enhancing the role of compliance professional, and advancing corporate governance, compliance and ethics on a global scale. Its mission is to champion compliance standards, corporate governance and ethical practice in the business community, and to provide the necessary resources for compliance and ethics professionals and others who share these principles. Society of Corporate Compliance & Ethics is located at 6500 Barrie Road, Suite 250, Minneapolis, Minnesota 55435.
