How to Conduct a Basic Compliance Gap Analysis.

This podcast episode outlines how to perform a basic compliance gap analysis. It defines a compliance gap analysis as comparing an organisation's compliance with legal and internal requirements. The episode details a six-step process, including defining the scope, identifying regulatory requirements, assessing current compliance, identifying gaps, prioritising those gaps, and developing an action plan. Best practices such as thorough documentation and stakeholder involvement are also discussed. Ultimately, the goal is to proactively mitigate risk and ensure ongoing compliance.

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