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SUMMARY:Panel 2: A practical outlook on corporate monitorships 
DESCRIPTION:Independent corporate monitorships can be a helpful resource 
 and beneficial means of assessing a business organisation’s integrity cu
 lture and its compliance with the terms of a corporate resolution. The g
 oal of a monitorship is to serve as an effective means of reducing the r
 isk of the misconduct recurring\, including the compliance lapses that g
 ave rise to the underlying corporate resolution.\n\nThe need for a monit
 or and the scope of any monitorship depends on the facts and circumstanc
 es of a particular case. Experience to date provides us with important l
 essons. This panel will discuss relevant aspects of the process\, includ
 ing:\n• the need for and potential benefits of a monitor\;\n• managing c
 osts\;\n• impacts on the operations of a corporation\;\n• whether curren
 t policies and guidance adequately provide for this evolving mechanism\;
 \n• different models used around the world\; and\n• strategies for mitig
 ating the risk of a monitorship turning into a punishment.\n\n
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