What is Compliance Training?
Compliance training refers to the process of educating employees on laws, regulations, policies, and ethical practices that apply to their job roles and the industry in which they operate. The primary objective of compliance training is to ensure that employees understand and adhere to legal and regulatory requirements, internal policies, and ethical standards.
Compliance training is not only crucial for meeting legal obligations and mitigating risks but also for creating a culture of ethics and accountability within an organization. It helps employees make informed decisions, act in accordance with laws and regulations, and contribute to the overall integrity and reputation of the company.