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Omig Compliance Program  Form

Omig Compliance Program Form

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Quick guide on how to complete omig compliance program

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Instructions and help about Omig Compliance Program

Hi, Stephanie Lyon, vice president  of compliance at Ncontracts here.   Today, we're going to talk about the compliance  program requirements of your compliance management   system, or CMS. Your compliance program is simply  a set of controls you're going to establish to   mitigate your compliance risk. So where do you  start? Let's go look at the risk assessments and   see how much compliance risk you're taking  holistically as an institution. Once we have   that information, we can take a look at what is  required and expected from us. First, training.   Training is your compliance program's best  friend, because without an understanding of   what is required, what is prohibited and expected,  your program is not going to be able to scale.   Second, you want to make sure you have a  board-approved policy statement on compliance,   and you want to make sure that the policy  statement is converted into procedures thatÂ

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