Positioning the compliance function for effectiveness is a matter of first defining the roles executive management and the board want the function to play, the individual designated to serve as chief compliance officer shall have the background and skills appropriate for fulfilling the responsibilities of the position, equally, addresses sensitive compliance issues with management in assigned functional area.

Qualified Office

Each director holds office until a successor has been duly elected and qualified.

All compliance-related reporting lines within your organization should be clearly delineated and identified to employees.

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