Compliance Oversight
Description
One of the essential elements that should exist in the compliance program is to have a compliance committee and/or a compliance Officer/manager.
A compliance committee is multidisciplinary team from different departments within the company to act as the leadership team responsible for designing and implementing an effective Compliance Program at the Company. In case your Company’s resources do not allow you to have a dedicated compliance Officer/ manager, it is highly recommended to have a multifunctional compliance committee (e.g. General Manager, Legal, Finance) to ensure the decisions made by it are objective and not dependent on a sole person having all the decision-making powers in the company (e.g. General Manager).
Important Note: The documents listed below are template materials and should be tailored appropriately by users to meet the compliance requirements and legal obligations applicable to their business.
Resources for you
Click on the name of the resource of your interest to download and customize it according to your needs.
To have more details on the compliance committee possible functions, check the charter template below:
To have more details on the possible responsibilities and qualifications of the Compliance Officer/manager, check the following job description template: