compliance requirements

How to Handle Compliance Violations?

Handling compliance violations effectively is critical for business sustainability. Leaders should:
Identify and Investigate: Promptly identify and thoroughly investigate any compliance violations.
Take Corrective Action: Implement corrective measures to address the violation and prevent recurrence.
Report Violations: Report significant violations to relevant regulatory authorities as required by law.
Review and Revise: Regularly review and revise compliance policies to improve their effectiveness.

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