The Compliance Commission oversees and promotes compliance with applicable laws, statutes, internal regulations, and ethical standards, monitors adherence to principles of good governance, integrity, and transparency, identifies potential compliance risks and non-compliance issues, and provides recommendations and guidance to prevent, mitigate, or address such risks, without exercising executive or disciplinary authority unless expressly provided by the organization’s statutes.
1. Compliance and regulatory oversight
- Monitor compliance with the organization’s statutes, regulations, policies, and applicable laws
- Support the consistent application of governance, integrity, and transparency standards
2. Preventive and advisory role
- Has a strictly preventive and consultative role
- Identify potential compliance risks and areas of non-compliance
- Provide guidance, opinions, and recommendations to the organization’s decision-making bodies
3. Policies and governance framework
- Review and propose improvements to internal policies and compliance-related procedures
- Support the development and implementation of good governance practices
4. Analysis and reporting
- Prepare compliance analyses and advisory reports, at the request of the organization’s leadership
- Participate, when required, in working groups or governance-related projects