Compliance Management is part of doing business, being both an expectation by regulators under the law, but also an expectation of society as part of a business’ social licence to operate. A fundamental component of regulatory compliance involves knowing what your compliance obligations are, and developing tools to ensure you have the correct policies, procedures and internal controls which ensure compliance. This article explores the concept of obligation registers and how to build them, the importance of performing regular updates, and the role of Governance Risk Compliance (GRC) systems in managing regulatory obligations. Continue reading →