Chapter Name: Addressing non-compliance
Description:Focuses on correcting identified legal breaches in a business.
Purpuse:To restore compliance and avoid penalties or business interruption.
Rational:Supports sustainability through proper governance and accountability.
Chapters Topics
Client profiling
Explains how businesses can profile clients to identify potential risks related to non-compliance, helping them take proactive steps to mitigate these risks.
Scope of non-compliance
Defines the scope of non-compliance in business operations, including the areas most likely to cause legal violations, such as labor laws, tax laws, or safety regulations.
Corrective action for non-compliance
Discusses the corrective actions that businesses must take to address and rectify any instances of non-compliance, such as revising internal policies or implementing new training programs.
Management engagement
Highlights the role of management in ensuring compliance, including the need for leadership to actively engage in compliance efforts and set an example for the entire organization.