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Society of Corporate Compliance and Ethics Establishes Code of Ethics for Compliance and Ethics Professionals

Thursday, August 30, 2007 General News J E 4
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MINNEAPOLIS, Aug. 29 The Society of CorporateCompliance and Ethics (SCCE) today adopted a Code of Ethics for Compliance andEthics Professionals. "With this Code of Ethics, the SCCE today has taken anessential and vital step in establishing the compliance and ethicsprofession," said Roy Snell, Society of Corporate Compliance and Ethics ChiefExecutive Officer.

"The Code of Ethics will become the bedrock upon which the compliance andethics profession stands," said Joseph E. Murphy, CCEP, of Counsel, CSLG andCode of Ethics Development Committee Co-Chair.

The Code's purpose is to provide guidance and rules to all Compliance andEthics Professionals (CEP) in the performance of their professionalresponsibilities.

In creating the Code of Ethics, the SCCE establishes both overarchingprinciples to guide compliance officials and rules of conduct, which representspecific standards that prescribe the minimum level of professional conductexpected of CEPs.

For a complete copy of the Code of Ethics, visit the SCCE website at:http://www.corporatecompliance.org/resources/documents/SCCECodeofEthics.pdf.

The Code's preamble states: "Compliance and Ethics Professionalsunderstand that the services we provide require the highest standards ofprofessionalism, integrity and competence. The Code of Ethics expresses theprofession's recognition of its responsibilities to the general public, toemployers and clients, and to the profession."

"This Code is the expressed commitment to professionalism in the worldwidecommunity of compliance and ethics professionals," added Rebecca Walker,Partner, Kaplan & Walker LLP, who co-chaired the SCCE Code of EthicsDevelopment Committee.

"We are very pleased to introduce this voluntary code, which offersimportant guidance to compliance and ethics professionals," said Snell.

Code of Ethics Outlined During 2007 Compliance and Ethics InstituteSession

The SCCE Code of Ethics will be reviewed by Joseph Murphy, JD, and RebeccaWalker, JD, during an afternoon session of the Compliance and EthicsInstitute, on September 10, 2007, being held at the Sheraton New Orleans Hotelin New Orleans, LA. For more information on this and other sessions at theCompliance and Ethics Institute click here:http://www.corporatecompliance.org/CEInstitute/index.htm.

Background

The SCCE Advisory Board formed a task force made up of the followingindividuals to develop the code, drawing on knowledge of the compliance andethics field, and the ethical standards of other professions:

This task force produced a draft Code of Ethics and on June 12, 2007,after reviewing the draft, the SCCE Advisory Board sought comments from theSCCE membership. The Code was then approved by a vote of the SCCE AdvisoryBoard. The following will link you to the SCCE Code of Ethics:http://www.corporatecompliance.org/resources/documents/SCCECodeofEthics.pdf.

About the SCCE

The Society of Corporate Compliance & Ethics (SCCE) is headquartered inMinneapolis, MN. Its mission is to champion compliance standards, corporategovernance and ethical practice in the business community, and to provide thenecessary resources for compliance and ethics professionals and others whoshare these principles. Visit the SCCE Web site athttp://www.corporatecompliance.org, Tel: 888 277 4977 or +1 952 933 4977.Society of Corporate Compliance & Ethics is located at 6500 Barrie Road, Suite250, Minneapolis, Minnesota 55435. E-mail: info@corporatecompliance.org- Joseph E. Murphy, CCEP (Committee Co-Chair) Of Counsel, CSLG - Rebecca Walker (Committee Co-Chair) Partner, Kaplan & Walker LLP - Urton Anderson Associate Dean for the Undergraduate Programs and Clark W. Thompson Jr. Professor in Accounting Education, McCombs School of Business, The University of Texas at Austin - Michael Horowitz
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