Certified Compliance and Ethics Professional (CCEP) Certification Study Resources

CCEP Compliance and Ethics Professional Exam




1. These Compliance and Ethics Policies and procedures must exist: Non-Re-
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staliation, Record Management, Conflict of Interest, Privacy, Security, and Confiden-
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stiality
2. What are Compliance Officers required to do?: Maintain Compliance and Et
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hics polices and procedures
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3. When making decisions, C.O. need to....: Consult with appropriate subject m
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atter resources, HR, legal, finance
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4. A main goal of compliance program:: Assure Alignment between organiza-
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stion's mission, vision, values, and the code of conduct
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5. A main goal of compliance program is...: to assure alignment of the compliance an
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d ethics strategic plan is consistent with overall business objectives.
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6. A requirement for compliance program is...: to maintain a code of conduct
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7. C.O. needs to ensure what?: Ensure organizational value statements reflect a co
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mmittment to a culture of integrity s s s s s


8. What else does a CO ensure?: The policies and procedures address regulatory an
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d legal requirements.
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9. Policies need to address what?: Interactions/relationships with third-
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parties, like vendors, business partners, and competitors
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10. What else is required in relation to third-parties?: That contractual agree-
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sments include compliance and ethic standards.
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11. What documentation is required of a compliance plan?: That the program is
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documented, like a compliance manual/outlined plan. s s s s s


12. What else will a compliance program document in regards to risks?: That po
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licies and procedures around specific identified risk area are maintained.
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13. What will a compliance program document in regards to governance poli-
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scies?: That the governance policies for the compliance and ethics program are main
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tained.
14. Who does a Compliance Officer report to?: A board of directors, or audit co
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mmittee
15. What does a compliance officer report and to whom?: Reports compliance a
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, nd ethics activity to the internal governing body, like a board of directors/audit commit
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tee
16. Who else does a compliance officer report to?: Gives reports of compliance an
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d ethics activity to the senior business leader, like the CEO or CFO
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17. What does the CO coordinate inside the organization?: Coordinates the o
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perational aspects of the compliance program with management, like oversight co
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mmittee and senior managment.
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18. Benchmarking: Collaborate with others internally and externally to institute best pr
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actices: what are others doing in their program?
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