Coffee & Compliance - interview with Alice Hammarroth

Today, we are thrilled to present the latest edition of Coffee & Compliance, featuring Alice Hammarroth. Alice is the Head of Compliance at zeb Nordics and a seasoned lawyer. She brings extensive experience in compliance within the financial sector, advising clients on governance matters.

Coffee & Compliance - interview with Alice Hammarroth

Sleek v2.0 public release is here

Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi at ante massa mattis.

  1. Neque sodales ut etiam sit amet nisl purus non tellus orci ac auctor
  2. Adipiscing elit ut aliquam purus sit amet viverra suspendisse potent i
  3. Mauris commodo quis imperdiet massa tincidunt nunc pulvinar
  4. Adipiscing elit ut aliquam purus sit amet viverra suspendisse potenti

What has changed in our latest release?

Lorem ipsum dolor sit amet, consectetur adipiscing elit ut aliquam, purus sit amet luctus venenatis, lectus magna fringilla urna, porttitor rhoncus dolor purus non enim praesent elementum facilisis leo, vel fringilla est ullamcorper eget nulla facilisi etiam dignissim diam quis enim lobortis scelerisque fermentum dui faucibus in ornare quam viverra orci sagittis eu volutpat odio facilisis mauris sit amet massa vitae tortor condimentum lacinia quis vel eros donec ac odio tempor orci dapibus ultrices in iaculis nunc sed augue lacus

All new features available for all public channel users

At risus viverra adipiscing at in tellus integer feugiat nisl pretium fusce id velit ut tortor sagittis orci a scelerisque purus semper eget at lectus urna duis convallis. porta nibh venenatis cras sed felis eget neque laoreet libero id faucibus nisl donec pretium vulputate sapien nec sagittis aliquam nunc lobortis mattis aliquam faucibus purus in.

  • Neque sodales ut etiam sit amet nisl purus non tellus orci ac auctor
  • Adipiscing elit ut aliquam purus sit amet viverra suspendisse potenti
  • Mauris commodo quis imperdiet massa tincidunt nunc pulvinar
  • Adipiscing elit ut aliquam purus sit amet viverra suspendisse potenti
Coding collaboration with over 200 users at once

Nisi quis eleifend quam adipiscing vitae aliquet bibendum enim facilisis gravida neque. Velit euismod in pellentesque massa placerat volutpat lacus laoreet non curabitur gravida odio aenean sed adipiscing diam donec adipiscing tristique risus. amet est placerat in egestas erat imperdiet sed euismod nisi.

“Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum”
Real-time code save every 0.1 seconds

Eget lorem dolor sed viverra ipsum nunc aliquet bibendum felis donec et odio pellentesque diam volutpat commodo sed egestas aliquam sem fringilla ut morbi tincidunt augue interdum velit euismod eu tincidunt tortor aliquam nulla facilisi aenean sed adipiscing diam donec adipiscing ut lectus arcu bibendum at varius vel pharetra nibh venenatis cras sed felis eget dolor cosnectur drolo.

Compliance plays a crucial role in ensuring corporate governance. In your experience, what are the key elements that make an effective corporate governance framework? 

In general I would say it is good if you can keep the framework as clear and simple as possible with limited room for interpretation (especially when it comes to responsibilities, tasks and reporting lines). Ideally it should be easy to oversee and monitor and all components of the framework should connect to one and other as parts of a machinery (all reflecting the company’s strategies and risk appetite). Achieving this requires a close collaboration between departments, the management and the board so that the framework does not get outdated or merely theoretical. As the board cannot steer a company only by talking to employees and various business units, policy documents provide a written statement from the board to the company of what the board expects of the employees and the business in various situations. Therefore, try to keep these documents short and to the point. Larger companies may benefit from appointing a governance manager or a governance function and this will of course contribute to better internal governance and control.

The framework is a tool to ensure that strategies, goals and obligations may be fulfilled. It’s beneficial if employees are informed of the purpose of the framework and the strategies that it should reflect. Be transparent and involve employees and various departments when overseeing governing documents and processes or for instance when preparing training material. Appreciate and acknowledge people that contribute to good governance within the company and reward them sothat they know that ethics, diversity, risk management, transparency and compliance is encouraged. And react to deviations to make it clear that you care for the framework. If you get people onboard, they will also see the benefits and feel the comfort of a solid internal governance and control.

Another aspect is the “tone at the top”. If the board, CEO and management see the benefits of a well-functioning corporate governance framework and maintain it continuously then this will be a natural part of running the business for all people within the organization. You should see the framework as an asset you should invest in (time and resources) and lead by example.  


With the rapidly evolving regulatory landscape, how do you stay up to date with the latest compliance requirements and incorporate them into your organization's governance practices?

As a compliance consultant I monitor regulatory initiatives daily. Although I have signed up for numerous newsletters and notifications, I always start my working day scanning through some websites such as the one of Sw. FSA and the government. I also take part in various networks such as the compliance forum and of course get a lot of valuable updates and insights from my colleagues and our clients when it comes to news, trends and new and amended rules and regulations. At zeb we also have a great solution that is used both by us internally and by our clients, Regulatory Hub, that keeps track of both European and Swedish regulatory development.


When it comes to governing documents, what are some common challenges faced by companies in maintaining compliance? How can these challenges be overcome?

The rapid development of new regulations means that companies are updating and adding governing documents at a pace that can make the governance framework unclear, unnecessary complex and difficult to oversee. Moreover, I believe the significant challenge lies in ensuring that the governing documents adopted are both tailored to the company’s business and not overly technical, so they are possible to comply with and thus serve their intended purpose.

I think compliance functions and legal experts within an organization should provide guidance and interpretation regarding the external requirements that need to be addressed in various governing documents. However, the functions responsible, should preferably be the ones writing and updating the documents. A team of suitable reviewers should also be invited in the process to ensure that the changes in a specific governing document does not affect other areas of the company or other documents in a way that makes the framework unclear or contradictory.

Once documents are approved, they should be complied with, hence the changes or new requirements will require proper implementation. Here training is essential and so is explaining the purpose of the new or amended requirements. It is easier to ensure compliance if everyone understands the reason for the new procedure or task.


Based on your long experience within compliance, what advice would you give to legal-and compliance professionals who want to make a positive impact on corporate governance and drive better compliance practices within organizations?

I think it is key for a legal or compliance officer to have an in-depth understanding of the business and the products and services offered by the company. This makes it easier to provide accurate advice and to assess the impact of new and updated regulations. Understanding the business also builds trust and contribute to better discussions with the board, management, and colleagues. Be approachable to colleagues so that they feel that they can turn to you with compliance related questions. This ensures compliance in a proactive manner and provides comfort to the organization.


What are you most looking forward to this spring/summer?

I am looking forward to some change of scenery and spending quality time with my family and close friends.  


We all know that compliance can sometimes feel like navigating a labyrinth of rules and regulations. If you were to compare compliance to a popular board game, which game would it be and why?

I’m not a big fan of board games and avoid playing as best as I can, but what about “Jenga”? Try to keep it stable and don’t take too much risk…

About the author

Subscribe to our newsletter

Sign up for the latest news in the world of GRC and North House updates!

Thanks for subscribing to our newsletter
Oops! Something went wrong while submitting the form.
By subscribing, you accept our privacy policy.
Subscribe To Our Newsletter - Sleek X Webflow Template