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compliance officer
noun
- a specialist, usually a lawyer, employed by a financial group operating in a variety of fields and for multiple clients to ensure that no conflict of interest arises and that all obligations and regulations are complied with
Example Sentences
The compliance officer Paolo Basarri, who looked into the allegations that Ben Sulayem interfered in the operations of two races during the 2023 season, was fired in November.
Mayer was one of four figures to depart in two weeks last autumn, in addition to the deputy Formula 2 race director Janette Tan, the F1 race director Niels Wittich and FIA compliance officer Paolo Basarri.
The compliance officer Paolo Basarri, who looked into the allegations and reported them to the ethics committee, was fired last month.
The changes to the statutes, which have been seen by BBC Sport, remove the ability of the compliance officer to report to the audit committee and remove the audit committee's ability to investigate any matter unless asked by the president of the senate.
And they would mean the FIA president controlled the appointment of the head of the ethics committee, and remove the role of the senate and compliance officer in its operations.
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