1. Risk Assessment: Identifying areas where the business is at risk of non-compliance. 2. Policy Development: Creating policies and procedures that align with legal and regulatory requirements. 3. Training and Education: Ensuring that employees are aware of compliance requirements through regular training. 4. Monitoring and Auditing: Regularly reviewing processes to ensure compliance, often through internal audits. 5. Reporting and Documentation: Keeping detailed records of compliance activities and incidents.