Let me reiterate my congratulations to the promoters of Omnicane who had the foresight to take the right decisions at the right time, contributing to convert a sector that was heading for the rocks, into a model of how an industry can reinvent itself in the face of daunting challenges. Thank you and the very best of luck in your future endeavours.
When business lines or managers share responsibility for compliance, specific duties and chains of accountability need to be established at the linemanagement level and overseen by the person ultimately responsible for compliance across the organization. An enterprise-wide compliance program is also dynamic, constantly assessing new legal and reputational risks when new business lines or activities are added or existing activities are altered.