Compliance & Ethics Program News from Paris: Have the "Global Sentencing Guidelines" Arrived?

By Joseph E. Murphy, JD, CCEP Director of Public Policy Society of Corporate Compliance and Ethics As the global economy evolves, there will be a simultaneous evolution of the international regulatory environment and the implementation of compliance programs. There will be a desire for regulatory consistency. There will be a desire for fairness. Of course, this will be difficult to accomplish given the cultural and regulatory diversity among countries. It will be particularly difficult without the effort of groups like the OECD and the effective use of compliance programs. The Society of Corporate Compliance and Ethics is poised to help with the effective implementation of compliance and ethics programs. OECD and other organizations are making an effort to help provide a framework to address the need for fairness and consistency. This is a very exciting time in our history. We are witnessing the evolution of significant and complex events. We will all look back years from now and acknowledge the tireless work of those who dared to take on this enormous task, such as the OECD and the SCCE.