Compliance Training Is A Must

As we are demanded to be resilient, keeping business restoration as well as renewing social contacts Compliance Management content is developing rapidly. 

Bruce Blehart, a lawyer and researcher, once said: ‘A Compliance Plan would show you have a system of checks.’ 

The meaning and understanding of compliance management now go beyond its original definition as the process of ensuring employees and activities across the organization are in line with laws, regulations, and requirements. Requirements are set by a wide range of entities, including governments, regulatory and industry bodies, and employee unions. 

Between security, financial, and many other regulations, compliance has become a critical business function for every large organization. Then, facing the thread of environmental sustainability, compliance management must include ESG, which is Environment, Social, and Governance strategic planning.

Strategic planning in compliance management among others should cover transparency with the law and regulations for  further development. Then, integrity is doing the right thing, even when no one is watching. Strategic planning in the HSES, health, security, environment, and safety put it in front as safety begins with compliance.

This goes in line with the statement in a book written by Geoffrey P. Miller that ‘The law of governance, risk management, and compliance is the body of rules regulations and best practices that, individually and collectively are intended to ensure that organizations are well managed.’ 

He suggested the understanding of:
• The development of the compliance function
• Oversight obligations of directors and executives
• Compliance programs and policies
• Whistleblowers, how to handle them
• Compliance outside the firm
• Business ethics beyond compliance

A similar training outline will be prepared to adjust to the company’s needs and will be designed following an in-depth discussion with the CEO, CFO, and CMO of any industry operating in Indonesia.