If a company changes its compliance policies, what must it do to remain compliant?

To remain compliant after a company changes its compliance policies, it is essential to provide updated training to employees regarding the new policies. This is crucial because employees must understand any changes in compliance requirements to effectively implement and adhere to them in their daily tasks. Compliance policies are typically designed to ensure that organizations meet legal and regulatory standards; therefore, when these policies change, it is imperative that all employees are aware of the new protocols and trained on how to apply them in their roles.

Fostering a culture of compliance through training not only aids in reducing the risk of non-compliance but also ensures that employees are equipped with the knowledge to make informed decisions in adherence to the new regulations. Without this training, employees may inadvertently violate compliance standards, potentially leading to legal repercussions or financial penalties for the organization.