Subject: Compliance is the behaviour of knowing and adhering to applicable laws, regulations and policies, internal company rules, and best practice.
Purpose: This is an introduction to the concept of ‘compliance’. It considers what this means, how this takes place, what type of documents or practices may constitute compliance, and who is responsible. The module examines why compliance is necessary in both business and law. Corporate governance incorporates compliance, and we will shortly launch a module dealing specifically with King IV, the gold standard for corporate governance.
Reflection: This introductory module introduces you to the basics of compliance and you should be able to identify the types of laws, regulations and policies that deal with compliance and what the responsibilities are of the person tasked with this activity.
CPD: This module is worth 1 CPD point.