Regulatory compliance is a complex journey.
That's why to ensure that your staff reach their destination, you need a reliable roadmap.
By following some simple, systematic steps you will ensure that nothing falls through the cracks.
If any abbreviations are unfamiliar, we also have an A to Z of Compliance Acronyms to help.
RegTech allows you to integrate and automate your key compliance processes to reduce costs and risks.
Start your compliance journey by ensuring that your staff understand and affirm the relevant corporate policies.
Train your employees to identify issues, deal with them appropriately and report them according to your policies.
Ask employees, suppliers and associate persons to make relevant disclosures and ensure that they are acted upon.
The most effective way to find compliance gaps is simply by asking your employees on the front line via anonymous surveys.
Make it easy for your employees to comply with registers to record gifts, hospitality, whistleblows, approvals and breaches.
Records needs to be integrated to create a single view, allowing these layers to work in tandem and prevent gaps.
If you're looking for a topic that we are yet to cover, let us know!