How To Test The Vital Signs Of Your Compliance Management System
So how do you tell if your compliance system is heading forward, or declining into irrelevance?
What is the Role of Compliance in Managing Corruption?
In today’s world we are seeing a crackdown worldwide on bribery and corruption. Organisations around the world charged with this task include Australia’s ICAC, whilst in the USA there is the Foreign Corrupt Practices Act, the UK has the Serious Fraud Office and there is also Transparency International – fighting corruption worldwide.
There is a very high likelihood of prosecution and subsequent fines or even jail time is higher than ever if your conduct is suspected to be corrupt. Businesses must be confident that their systems currently in place to prevent corruption are strong enough to stand up in court.
5 Ways A Compliance Officer Is Like A Swiss Army Knife
It will come as no surprise to any compliance officer that the skill sets they must possess often stray far from any “textbook” definition of the job. What they may not consider is that, at times, their job may have a lot in common with the more exotic skill sets required of spies, gamblers, and diplomats.
Compliance officers are often treated as the corporate equivalent of a Swiss Army knife—a multi-disciplined tool ready to handle any problem shuffled upon them. The compliance officer is expected to be multi lingual in the sense that he or she is speaking the languages of lawyers, regulators, HR, auditors, bankers, investors, and whatever other specialists populate the marketplace and supply chain.
Learn How Compliance Auditors Can Better Manage WHS
Workplace safety is not only a moral obligation but also one that can carry legal ramifications should your obligations not be met. Australian law dictates strong workplace safety laws under the WHS Act. Specifically this means, persons conducting a business or undertaking are required to monitor the health of workers and the conditions at the workplace to ensure safety is maintained within the workplace. It really can be a matter of life or death for employees.
8 Steps to Help Compliance Officers Audit Their Mass Management System
Whether you are a Mass Management accredited operator or not you should be striving to maximise the capability of your fleet (return on investment) whilst ensuring continued compliance with the Road Transport and Safety laws.
On a daily basis we come across operators (large and small) who for one reason or another have not invested in formalising their approach to Mass Management. These operators, miss out on the immediate productivity and efficiency gains and ultimately become less competitive in this thriving transport and logistics market. The freight task is growing at a rapid rate and if you want to continue to be a player you need to demonstrate to your supply chain that you have the required systems in place to give them assurance that you can deliver best value for money.
What You Need To Know About Auditing And Risk Management In The Transport Industry
Does your Matey Auditor leave your business exposed to risk?
This was a question posed by Roads and Maritime Services (RMS) Director Customer and Compliance Peter Wells at the recent Australian Logistics Council – Transport Safety Summit.
Why Regulators Are Getting Tough On Compliance, And Why Auditing Will Protect Your Business
The Problem
The public outcry following a string of avoidable incidents including building collapses, food and healthcare product contamination, heavy vehicle accidents and ferry disasters are causing regulators to invoke tough new laws to deal harshly with recalcitrant businesses and their directors.
3 Features You Need From Your Audit Software For Customer Satisfaction
Customer satisfaction is the lynch pin of a successful business regardless of the industry. There is no question as to the importance of providing an experience where the customer is happy with the process, service and outcome.
The Key To Getting People Onboard With Compliance Is…
… to monitor and track audit outcomes.
Being a Compliance Officer is a tough job, but one which places you in a privileged position in the hierarchy of your business. Ideally your knowledge and influence will span every facet of the organisation.
This article is the final point in our 10 Tips To Help Compliance Officers Better Manage The Growing Demand For Audits. The purpose of today’s article is help compliance officers, and the entire management team understand the value of, and how to, monitor and track audit outcomes. This is important to raise your profile and that of the compliance function, one of the most important things you can do is make data visible.
How Compliance Officers Can Optimise Communications With Automated Emails
Timely communication is at the heart of an efficient compliance program. In your business, how are communications managed? Do you rely on your administrator to initiate emails and reminders to stakeholders? Do things sometimes slip between the cracks?
In this article we look at three compliance areas – audits, corrective actions and risk – and highlight the key events that typically give rise to communications with stakeholders. You will note that the type of emails share similar headings across all three areas, however the context differs in each case.