What were previously tiresome and sometimes complex compliance tasks become just part of your day-to-day workflow as CompliSpace Assurance assigns, monitors, measures and reports on compliance obligations, whether they are driven by legal and regulatory obligations or organisational policies and procedures. Key functionality includes:
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| Capturing key compliance obligations
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| | Linking obligations to governing acts or regulations
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| | Simplifying obligations through the use of a category tree structure that separates key legal & regulatory, organisational and contractual obligations
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| | Assigning responsibility for compliance tasks to individuals, including frequency of monitoring
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| | Automated email notification of the obligation delivered in simple plain English questions to the responsible person, specifying a deadline for confirmation of performance of that obligation. View the email>>
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| | Assigning stakeholders and escalation points for tasks
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| | Monitoring the performance of those obligations, and escalating responsibility where non-compliance or trigger dates are reached
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| | Providing tools to enable line and compliance managers to monitor performance. View the executive dashboard>>
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| | Reporting on task performance and breaches in real time
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| | Automatically scheduling periodic reports
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| | Providing a complete audit trail of all tasks performed inclusive of editing, performance and any commentary relevant to the task
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Clients can either upload their own compliance checklists or utilise content that has been developed by our legal and industry experts.
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