⦁ Compliance Culture: Fostering a culture of compliance within the organization, where ethical behavior and adherence to laws, regulations, and internal policies are valued and promoted at all levels.

⦁ Leadership Commitment: Demonstrating visible leadership commitment and active involvement in supporting and promoting compliance initiatives throughout the organization.

⦁ Risk-Based Approach: Adopting a risk-based approach to identify, assess, and manage compliance risks associated with the organization’s activities, operations, and relationships.

⦁ Integration with Business Processes: Integrating compliance considerations into business processes, decision-making, and strategic planning to ensure alignment with organizational objectives.

⦁ Proactive Compliance Management: Proactively identifying, preventing, detecting, and responding to compliance issues, rather than solely reacting to incidents after they occur.

⦁ Effective Policies and Procedures: Developing, implementing, and maintaining comprehensive compliance policies, procedures, and controls tailored to the organization’s specific risks and needs.

⦁ Training and Communication: Providing appropriate training and communication programs to raise awareness and ensure understanding of compliance requirements among employees and stakeholders.

⦁ Monitoring and Review: Regularly monitoring and reviewing the effectiveness of the compliance management system, conducting internal audits, and taking corrective actions as necessary.

⦁ Documented Information and Records: Maintaining accurate and accessible documented information and records related to compliance activities, decisions, and outcomes.

⦁ Continuous Improvement: Establishing mechanisms for continual improvement of the compliance management system based on evaluation, analysis, and lessons learned from past experiences.