Indeed very important, and this goes across industry. What happens when the head of risk management and head of compliance report to business unit heads rather

Indeed very important, and this goes across industry. What happens when the head of risk management and head of compliance report to business unit heads rather than functional lines? (See most big banks) What happens when the local partner can overrule national standards committees? (See Arthur Andersen) If the watcher reports to the watched, you're just going through the motions. Very informative.