PHOENIX, AZ – AUGUST 30, 2007 – The Open Compliance and Ethics Group (OCEG), a nonprofit organization with a mission to help organizations align their governance, risk management, internal control and compliance (GRC) activities to drive business performance and promote integrity, announced today the release of a collaborative whitepaper entitled: Leading Corporate Integrity: Defining the Role of the Chief Ethics and Compliance Officer.

Directly aligned to the core practices in the OCEG Foundation, the Whitepaper elaborates on:

• The responsibilities of the Chief Ethics and Compliance Officer as strategic personnel.
• How the role of Chief Ethics and Compliance Officer relates to oversight responsibilities of the board and executive management of organizations.
• Individual and organizational requirements for effective compliance and ethics capabilities.
  

The Whitepaper represents the first cooperative effort of OCEG, the Business Roundtable Institute of Corporate Ethics (BRICE), the Ethics Resource Center (ERC), the Ethics and Compliance Officer Association (ECOA), and the Society of Corporate Compliance & Ethics (SCCE). OCEG looks forward to further collaborative initiatives with these organizations. The Whitepaper can be downloaded at  http://www.oceg.org/view/CECO2007 or from the related webinar page - http://www.oceg.org/view/USSC5.

About the Open Compliance and Ethics Group (OCEG) OCEG is a nonprofit organization that provides a framework (the OCEG Framework) for integrating governance, compliance, risk management, and integrity into the tangible practice of everyday business; drives adoption of the Framework through a multi-industry, multi-disciplinary coalition; and provides a community of practice for the exchange of information, tools, benchmarking and feedback for continual improvement of the Framework. OCEG drives principled performance. For more information on OCEG and the OCEG Framework, visit: www.oceg.org.