Understanding Ethics and Compliance

Journal of Regulatory Compliance

53 Pages Posted: 30 Mar 2021 Last revised: 19 Aug 2021

See all articles by Isaac Mamaysky

Isaac Mamaysky

Potomac Law Group PLLC; Albany Law School

Date Written: March 14, 2021

Abstract

This article provides a big-picture overview of the field of ethics and compliance, paying particular attention to the role and value of collaborating with human resources to achieving effective ethics and compliance programs. I hope this article will be useful to students of ethics and compliance, current and aspiring ethics and compliance practitioners, and professors who teach in the area.

The article begins by exploring the historical milestones of ethics and compliance to establish the context and legal foundation of modern ethics and compliance practice. We go on to discuss the role of ethics and compliance teams in today’s companies, and the interplay of ethics and compliance, the general counsel’s office, and the human resources department. We then explore the critical function of the code of conduct in an effective ethics and compliance program, from which point we examine the importance of training and role modeling to achieving an ethical culture. We conclude by discussing internal investigations and whistleblowers.

At every stop along the way, we look at the critical role of human resources and other key stakeholders in achieving effective ethics and compliance programs.

Keywords: corporate ethics, corporate law, ethics and compliance, employment law, human resources, compliance, legal profession

Suggested Citation

Mamaysky, Isaac and Mamaysky, Isaac, Understanding Ethics and Compliance (March 14, 2021). Journal of Regulatory Compliance, Available at SSRN: https://ssrn.com/abstract=3789983 or http://dx.doi.org/10.2139/ssrn.3789983

Isaac Mamaysky (Contact Author)

Albany Law School ( email )

80 New Scotland Avenue
Albany, NY 12208
United States

HOME PAGE: http://www.albanylaw.edu/faculty/faculty-directory/isaac-mamaysky-esq

Potomac Law Group PLLC ( email )

1177 Avenue of the Americas
New York, NY 10036
United States

HOME PAGE: http://www.potomaclaw.com/professionals-isaac-mamaysky

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