Developing Solid Compliance Programs for Retailers: Challenges and Benefits

Authors Kristin Graham Koehler and Brian P. Morrissey say that creating a compliance program that conforms to the Sentencing Guidelines mandate can be a complicated task for companies in the retail industry who are required to comply with dozens of federal regulatory regimes enforced by numerous federal agencies. But the benefits are impressive, including cutting the likelihood that the company will ever face criminal liability and significantly reducing any penalties if a case is brought.

Reproduced with permission from Daily Report for Executives, 246 DER B-1, 12/26/2012. Copyright 2012 by The Bureau of National Affairs, Inc. (800-372-1033) http://www.bna.com