IMRO publishes guidance on compliance profiles and performance measures

United Kingdom
Following on from its publication, in May 1997, of the IMRO Compliance Arrangements Scorecard, IMRO has now published guidance to assist firms to clarify and assess the compliance responsibilities of their staff. In particular, the guidance makes it clear that compliance is a matter for all staff, not just compliance professionals.

The guidance provides helpful non-compulsory assistance for firms in order to assist them to meet IMRO's requirements, and in particular to assist them to deal with compliance issues before they become regulatory problems.

The guidance includes a number of example compliance profiles of senior staff, detailing the responsibilities which they would be expected to take on and how they should liaise with other staff to ensure that those responsibilities are met.