Patrick Campbell a Contributor to New York City Bar Report on Compliance Officer Liability

News / February 4, 2020

Partner Patrick Campbell contributed to a report released Feb. 4, 2020, by the New York City Bar Association’s Compliance Committee, of which he is the Chair, in partnership with the Association for Corporate Growth, American Investment Council and SIFMA. The “Report on Chief Compliance Officer Liability in the Financial Sector” outlines compliance officers’ regulatory concerns, recent enforcement actions against compliance officers and several proposals to bolster regulatory and compliance communication, interaction and understanding between regulators and the compliance community. The practical recommendations detailed in the report can help the compliance community and the regulating authorities better achieve their shared goals without any fundamental legislative or regulatory actions

In his role as Chair of the Compliance Committee, Campbell leads a committee of thought leaders in the compliance field in one of the nation’s largest legal markets. The committee’s work includes raising awareness of the issues, challenges, and concerns facing the compliance profession by, among other things, advocating to enforcement and policy leaders in Washington and sponsoring events and CLE panels in New York.

The report received media coverage in numerous publications, including Law360, Compliance Week, Compliance Building, KYC260, and Radical Compliance.

Read the report.