Duties of a Compliance Officer

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It is mandatory for every company to comply with certain rules and regulations. For this purpose, a Compliance Officer (CO) is hired to ensure that all the activities being carried out in a firm comply with the established regulations of the state. Ensuring that the company is complying with the regulations and standards of best practices in business will save it from future legal problems and penalties.

The job of a compliance officer involves a great deal of responsibility. This is because their efficiency on the job can save the company a lot of legal hassle, however; poor job performance of a compliance officer can put them in hot water. Below are some of the key duties compliance officers should perform on their jobs.

Further reading: Corporate Governance | Audit | Performance Improvement

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