Description
This policy establishes Organization commitment to regulatory compliance. It outlines a comprehensive framework for identifying, assessing, and adhering to applicable laws, regulations, and industry standards. Policy applies to all employees, contractors, and connected third parties. Key Elements include: Defining roles and responsibilities for compliance management, Emphasis on the importance of risk assessment and mitigation, Highlights of the significance of training and awareness, Outlining procedures for reporting and investigating compliance concerns, Stressing on the maintenance of accurate compliance records, Promotion of a culture of continuous improvement.
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