Addressing the Importance of Policies in Compliance

Addressing the Importance of Policies in Compliance

Effective policies are an essential aspect of any organization as they dictate day-to-day processes whether that be legal and regulatory or internal processes determining success. The necessity for effective policies has only increased as the business world becomes more dynamic and complex. Organizations must ensure that their policy management is robust and dynamic to meet the needs of modern-day business.
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Assess and Manage Reputational Risk

How to Assess and Manage Reputational Risk

After Frances Haugen, a former Facebook employee, has come forward with the accusation that Facebook puts profit before the safety of people, the platform's reputation has gone down the tubes. In another example, the 2016 account fraud scandal tarnished Wells Fargo's reputation, and it faced tremendous backlash from shareholders and customers. Wells Fargo was considered one of the most reputed brands in the US till the account fraud scandal came out in 2016. The bank had to pay around $3 billion to settle its probes and fines.
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Compliance technology importance

What Is the Importance of Compliance Technology?

Over the years, technology has become a critical part of the compliance ecosystem. AI and machine learning have redefined the approach and made it more efficient. Through this blog post, you will see the benefits of compliance technology and how to choose the best technology for compliance management.
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