We have retained your firm for several of your Compliance Tune-ups. It has been amazing to find out the strengths and weaknesses of our departments and the implementation of regulatory compliance. We began with the CMS Tune-up almost two years ago, which told us how strong our Compliance Management System was in real time. Your risk ratings gave us a way to gauge our risk.
As the Compliance Officer and General Counsel, I've come to appreciate that certain elements reflect a strong Compliance Management System. We are now planning another CMS Tune-up to see how effectively we have improved overall since the last CMS Tune-up.
I understand the features of the Compliance Management System. What I would like to zero in on is the core elements themselves, the ones that are the foundation on which the CMS edifice sits.
What are the core elements of a strong Compliance Management System?
