By Maria Torres, Teacher «Compliance Plan: Risk Assessment, Control and Prevention». Master in Compliance & Data Protection Management of the EIP International Business School.
Compliance: Laws and Values
The function of Compliance is responsible for ensuring that the organization carries out its activity based on integrity and complying with the regulations that apply to it, among other issues. However, when dealing with compliance with obligations, organizations are aware that not only should the focus be placed on those obligations derived from legal requirements, but also must take into account those principles and values voluntarily assumed (Codes of good practices, Code of Ethics or Conduct, Internal policies...).
The risk of Compliance It is linked, not only to the possible non-compliance with the laws, but also to the violation of the standards of conduct and values that govern the culture and integrity of the organization. Therefore, compliance in organizations transcends mere observation and respect for the law, expanding the scope to their values and corporate culture.
Compliance Management Systems
With the aim of promoting compliance with the obligations of Compliance, the organization will implement one or more Management Systems Compliance to prevent, detect and manage the risks associated with non-compliance.
In this way, Organizations can implement Well-being Management Systems. Compliance focused on complying with specific obligations in terms of criminal prevention, data protection, environmental, occupational risk prevention, tax, etc. Or superstructures of Compliance, which go beyond the management of a single compliance domain and are responsible for coordinating each area transversally and jointly, establishing a set of policies and controls common to all of them.
Transversal Compliance Management Systems
Management Systems Compliance transversal They have undeniable advantages, since if different domains coexist that the organization wants to comply with, it makes sense for all of them to be coordinated in a common way, guaranteeing consistency and uniformity in the application of internal policies and in the establishment of controls.
Now, to decide between implementing one or more Management Systems Compliance, the organization will have to attend to the circumstances that surround it. The activity of the organization, the size of the organization (number of employees, turnover...), the interested parties, the markets in which it operates, etc. must be taken into account.
Do you want to specialize in Compliance and Data Protection Management?
In the EIP International Business School We know the current need that companies demand in terms of Compliance and Data Protection and therefore, with our Master in Compliance and Data Protection Management, appropriate to today, you will acquire the necessary skills to be the professional that companies are looking for.
