Compliance Policy

2. something the compliance function gives on request to the business units to ensure that they are able to comply with compliance requirements
6. compliance with external and internal compliance requirements
9. measures implemented to meet compliance obligations and manage compliance risks
11. events that may occur that may prevent the achievement of compliance obligations
13. an activity that takes place to ensure that there is compliance within a particular unit
14. any person who has an interest in the business
16. something the compliance function must provide to management and the board to ensure they maintain oversight over the business
17. has ultimate responsibility of compliance within the business

1. an important stakeholder to the business and complaince function
3. something that may occur stemming from noncompliance
4. a method to bring policy awareness to the teams and sometimes involves a test
5. a document that details the ways of work that will ensure compliance
7. something that takes place that is not compliant with the policy
8. responsibility of compliance to policy rests with this stakeholder
9. the board, management and compliance team must promote this to bring about an awareness and value of the compliance function
10. leadership's approach to managing risk, ensuring adherence to rules, and promoting ethical conduct within the organization
12. the compliance function must work this way to ensure objectivity
15. document that contains the main compliance principles that stem from regulatory or other requirements