<P> The chief compliance officer (CCO) of a company is the officer primarily responsible for overseeing and managing regulatory compliance issues within an organization . The CCO typically reports to the Chief Executive Office r or Chief Operations Officer . </P> <P> The role has long existed at companies that operate in heavily regulated industries such as financial services and healthcare . For other companies, the rash of 2000s accounting scandals, the Sarbanes - Oxley Act, and the recommendations of the U.S. Federal Sentencing Guidelines have led to additional CCO appointments . </P>

Who does the chief compliance officer report to