Are you chief executive, manager, or compliance officer of a venue? Then it’s likely that you are responsible for identifying, classifying, investigating and rectifying breaches in compliance requirements.
If you or any of your senior staff fail to comply with laws, regulations, industry standards, key legal agreements and company policies, then you risk incurring thousands of dollars in fines that can directly affect your personal assets rather than that of the venue.
It is not enough to simply have policies in place that demand compliance. You need procedures associated with the policies to minimise the potential risks associated with noncompliance.
Compliance and risk management
Sometimes referred to as ‘due diligence,’ regulatory compliance stands as being the management discipline of designing and implementing effective steps that ensures the organisation effectively complies with laws, regulations and codes of practice.
To find out how you can protect your staff members and the interests of your venue, why not take a proactive step and enrol in our online Occupational Health and Safety courses.