As regulations and other guidelines have increasingly become a concern of corporate management, companies are turning more frequently to specialized compliance software and IT compliance consultancies. Many organizations have even added compliance jobs such as a chief compliance officer (CCO).The main responsibilities of a chief compliance officer include ensuring that an organization is able to both manage compliance risk and pass a compliance audit.he exact nature of a compliance audit will vary depending upon factors such as the organization's industry, whether it is a public or private company, and the nature of the data it creates, collects and stores.
Iceland is a Constitutional and Republic whose current leader is Chief Executive Olafur Grimsson. The chief executive in Iceland typically has a term length of 4 years.
The Icelandic Legal System. Iceland has a civil law legal system and thus Icelandic law is characterized by written law. Major sources of law in Iceland include the Constitution, statutory legislation, and regulatory statutes.Other legal resources are precedent and customary law.he legal system in Iceland. The following excerpt is from the online article Update-Researching Icelandic Law by Ran RÃ¡n tryggvadottir ÃÃ³rdÃ­s And, Ã¾ordis Ã¾Ã³rdÃ­s ingadottir ingadÃ³ttir Associate professors At the Faculty Of. law at reykjavik university