AS 3806
AS 3809 – 2006 12 Principles that relate to Management Commitment, Implementation, Monitoring & Measurement and Continual Improvement of a Compliance Framework .
The following outlines how Periscope Software supports the 12 Principles.
Principle 1: Commitment by the governing body and top management to effective compliance that permeates the whole organisation.
Principle 2: The compliance policy is closely aligned to the organisation’s strategy and business objectives, and is endorsed by the governing body.
Principle 3: Appropriate resources are allocated to develop, implement, maintain and improve the compliance program.
Principle 4: The objectives and strategy of the compliance program are endorsed by the governing body and top management.
Principle 5: Compliance requirements are identified and assessed.
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Principle 6: Responsibility for compliance outcomes is clearly articulated and assigned.
Principle 7: Competence and training needs are identified and addressed to enable employees to fulfil their compliance obligations.
Principle 8: Behaviours that create and support compliance are encouraged and behaviours that compromise compliance are not tolerated.
Principle 9: Controls are in place to manage the identified compliance requirements and achieve desired behaviours.
Principle 10: Performance of the compliance program is monitored, measured and reported.
Principle 11: The organisation is able to demonstrate its compliance program through both documentation and practice.
Principle 12: The compliance program is regularly reviewed and continually improved.