The Basics: 7 Elements of a Compliance Program: Part 2
With the General Compliance Program Guidance updates released in November 2023, we wanted to take the 7 elements of a compliance program and break it down. What are the 7 elements? Why are they important and how can these elements be implemented? Recap elements 1-4 on Part 1 & elements 5-7 will be reviewed below. 5. Enforcing Standards: Consequences and Incentives Part of a compliance program includes creating and applying uniform disciplinary actions for non-compliance…