Elements and Performance Criteria
- Determine compliance obligations
- Research internal and external compliance requirements and relevant Australian and international standards
- Research codes of practice and material that interprets obligations and legislative requirements
- Apply research information to determine relevance to business operations, products and services
- Document compliance requirements, risks and consequences of possible breaches applicable to own business
- Develop strategies to manage compliance requirements
- Draft compliance management framework, prioritising areas where breaches have critical implications for the business
- Validate draft compliance management framework using external expertise and/or sources of advice according to workplace procedures
- Allocate responsibilities for compliance functions according to compliance management framework and workplace procedures
- Implement and monitor compliance management strategies
- Select interval between cyclical compliance checks according to compliance management framework
- Communicate compliance requirements to required people
- Record timing and outcomes of compliance checks according to business requirements and workplace procedures
- Take action to address non-compliances according to compliance management framework and confirm that non-compliances have been resolved
- Conduct improvement in compliance management