Welcome to the Org lord tarkins. I thought I recognized your foul...er, sorry wrong guy.

It seems there may be a problem with compass after the patch. Some report that they got the compass event, yet the game still thinks you need a compass.

Just in case that isn't your problem, check out the information here: Compass Info

I don't think there is a way to turn off the compass. Maybe one of the modders can tell us if there is a parameter in one of the game files you can tweek.