Hartmut Renz Speaks About the Job Description for Compliance Officers

Hartmut T. Renz, Counsel in the Frankfurt office of Kaye Scholer, spoke about the job description of a Compliance Officer at the first Creditreform Compliance Services GmbH compliance roundtable on February 13 in Munich. The roundtable was hosted by Creditreform Muenchen Ganzmueller, Groher & Kollegen KG. In his speech, Hartmut described the job of a Compliance Officer, which is relatively new in Germany. Currently, there are neither job specifications nor a special apprenticeship for the profession of Compliance Officer. This discussion looks into the near future and describes a possible development of a job description for “Compliance Officer.”