Sentences with phrase «compliance culture»

They found a healthy compliance culture in place although some firms could do more.

DPAs serve as a powerful incentive for companies to report cases of wrongdoing that might otherwise go undetected, and to focus resources on instilling a strong compliance culture throughout the organization.

The Directive follows the legislative trend of a stronger compliance culture with a focus on top - down awareness and approval of procedures.

Although the law does not recognise the mitigating factor of an anti-corruption compliance culture, a properly implemented compliance programme may mitigate the risk of corporate liability.

A strong compliance culture within a firm is not conducive to misfeasance but one that does not foster this breeds bad behaviour.

The compliance culture has brought upon us this lack of trust and credibility.

While some organizations treat compliance as a burden that must be met, others are embracing the concept of a compliance culture.

The world of regulatory bodies is complex and complicated, but if you have created a compliance culture, you should be able to prove it as easily as possible.

In a school district, you're in a compliance culture... where people are very nervous about making any decisions without getting approval from a lawyer.

But even if you have embraced a compliance culture, you still need to prove that you are meeting the regulations.

This ensured that all students were taught the same content but also created more of a compliance culture.

School leaders had been so eviscerated by a compliance culture, that the skills to facilitate a coherent instructional mission and build the related structures and systems didn't exist.

It should be more of a partnership, not a compliance culture.

«We've spent a lot of time over the last 20 years trying to encourage better corporate governance, and, in effect, self - regulation, by building up compliance cultures.

• Developing a compliance culture at board level, along with a clear understanding by management and others within the company of what legal risks are acceptable to the board.

More specifically, it covers tougher rules on data, data protection, cyber security, how to influence the board and create a compliance culture, Brexit and preparing for the unexpected, implementing an effective anti-corruption programme, the risks to business from modern slavery and human trafficking.

The responsible corporation needs to bring the following characteristics to bear in its compliance programmes: - good due diligence procedures; - a compliance culture and not just a dusty manual on a shelf in head office; - a strong foundation of financial control underpinning the compliance programme; - transparent and accountable controls on the delegation of authority; and - third party payment controls.

«When a compliance culture is not supported by ethical behavior from senior management, the mis - alignment provides a fertile environment for improper activity to take place.

«Assist management in identifying and containing compliance risk, compliance monitoring and fostering a compliance culture»