WHY ONLINE COMPLIANCE TRAINING IS IMPORTANT
“Almost all companies have policies and regulatory requirements that their employees have to adhere to. Going against these requirements can attract fines, lawsuits, reputational damage, penalties, or even criminal charges. It is important for companies to make sure there is corporate and regulatory compliance from all members of staff to ensure the smooth running of operations,” reports Jason Ruiz in ELearning Inside.
“Corporate compliance allows organizations to carry out their business processes safely and effectively while following the policies that were developed during the organization’s founding. On the other hand, regulatory compliance makes sure employees obey the laws and follow the regulations set out by government bodies for companies in the sector in which such business operates..”