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Compliance Officers Playbook

Stakeholder Identification in Compliance

05 Dec 2024

Description

This episode provides a comprehensive guide to stakeholder management within organisational compliance frameworks. It defines compliance and details the crucial roles of both internal (e.g., board members, compliance teams, HR) and external (e.g., regulators, auditors, clients) stakeholders. The guide outlines steps for identifying and engaging stakeholders effectively, including conducting stakeholder analyses and building communication channels. Finally, it addresses common challenges such as resistance to change and resource limitations, offering best practices for successful stakeholder management to ensure robust compliance programs.

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