Compliance Management Business

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 Compliance Management Business

mayoufi

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Compliance Management Business
Published 10/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 2.32 GB | Duration: 1h 42m


How to build a compliance strategy, The fundamental guide to compliance management system, Technology in compliance etc

What you'll learn

The fundamental guide to compliance management system

How ignoring compliance can damage your brand reputation

How to build a compliance strategy

How to ensure ADA compliance at your place of business

How to become a bank compliance officer

Role of technology in ensuring compliance

Requirements

Desire to learn more about compliance

No special requirement

Description

Compliance management is centered on ensuring that an organization is aligned to and conforms to application laws, regulations and organization ethics standards and policies. Holistically, an organization's compliance management program helps facilitate and represent the organization's workplace culture values, and reputation, as well as its broad business risks. Non-compliance an its potential to harm relationships with employees,, partners customers, and the market is a significant risk that should be viewed within the scope of an organization's risk management approach. An organization's readiness to handle compliance issues is critical as it may impact organizational strategies employee morale and retention, reputation, brand value, and profitability. To that end, successful businesses need to be proactive in terms of establishing compliance controls and processes, defining accountability, and centrally managing compliance programs so they are easily accessible to all stakeholders. Being proactive requires compliance professional to collaborate with other department- risk management, legal HR and audit- to best manage compliance processes controls templates and timelines. This approach gives the compliance team comprehensive visibility into organizational compliance performance and requirement so they can perform regular or ad-hoc assessments to minimize violations and enforcement actions. An ethical workplace culture with defined standards and expectations helps an organization operate effectively and efficiently.

 

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