Compliance means adhering to the compliance obligations relevant to the business sector in which it operates is imperative for an organisation to succeed. ’Compliance obligations’ is a term that is collectively used to describe requirements that an organisation must comply with (‘compliance requirements’) and chooses to comply with (‘compliance commitments’). This includes applicable requirements set out in statutory, regulatory and supervisory requirements, as well as relevant industry and general codes, requirements and best practice guidelines (collectively) that an organisation subscribes to or follows.
The role of the compliance officer can be viewed as the organisational gatekeeper of the organisation’s reputation. There are three (3) criteria that define a gatekeeper as an independent professional who:
FluidRock Compliance and Ethics has the skills, experience and vision to assist most organisations with mitigating and remediating from a regulatory compliance perspective pertaining to all stakeholders.