Of course, one would hope to ask similarly detailed questions about many other risk areas – such as corruption and confidential information. The point of all of these sorts of inquiries is to help the C&E officer develop “news you can use” – i.e., deploy program elements (such as ...
Hazard Identification & Risk Assessment 14 Questions Accident Investigation Skills Assessment 12 Questions Anti-Money Laundering Assessment 10 Questions Hazardous Materials (General Industry) Assessment 10 Questions Emergency Action Planning Assessment 15 Questions Fatigue Management Assessment 8 Questions ...
Each year, most financial institutions spend significant time and resources on the compliance risk assessment process. However, many executives still feel that they repeat the same labor-intensive process for marginal benefit. As a Compliance lead, does the risk assessment help you meaningfully prioriti...
Three Questions: 1. Is the corporation's compliance program well-designed? a. Risk assessment: A company's assessment of risks is the "starting point" for evaluating the design of compliance programs, and under the guidance prosecutors should probe how the risk assessment informed "why the compa...
Answers several questions regarding the incorporation of ambulatory payment classification into the compliance programs of health care providers in the U.S. Information on strategies for incorporating APC issues in compliance programs; Details on the strategic opportunities presented by APC.Steiner...
KYC Frequently Asked Questions What is eKYC? eKYC is the electronic process in which customer identity documents and information are monitored and verified. eKYC allows financial institutions and banks to quickly and efficiently monitor transactions. It can also better secure customer data and speed up...
The DOJ guidance notes that in evaluating a company’s risk assessment process, prosecutors should ask the following questions: “Is the risk assessment current and subject to periodic review? Is the periodic review limited to a ‘snapshot’ in time or based upon continuous access to operational...
Our compliance program has several key elements, including but not limited to effective and engaging compliance training and communications; a thriving speak-up culture and concern reporting process; and a robust risk assessment process. Every employee plays a crucial role in compliance, and they are...
Under “Updates and Revisions”, the DOJ asks the questions: “Is the risk assessment current and subject to periodic review? Is the periodic review limited to a ‘snapshot’ in time or based upon continuous access to operational data and information across functions? Has the periodic review le...
Questions About NIST What is a NIST risk assessment? What types of organizations are required to comply with NIST 800-171? Is NIST 800-171 a required compliance regulation? Is NIST 800-53 a required compliance regulation? What does a NIST 800-53 compliance assessment cover?