compliance program
A compliance program is a set of internal policies and procedures designed to ensure that an organization adheres to laws, regulations, and ethical standards. It helps prevent illegal or unethical behavior by providing guidelines for employees on how to act in various situations. Key components often include training, monitoring, and reporting mechanisms.
These programs are essential in industries such as finance, healthcare, and manufacturing, where strict regulations exist. By implementing a compliance program, organizations like hospitals or financial institutions can mitigate risks, protect their reputation, and foster a culture of integrity among employees.