Description

This course provides an overview of compliance challenges posed by the COVID-19 pandemic and highlights the importance of compliance vigilance during the crisis.

The COVID-19 pandemic is posing a range of compliance challenges for organizations around the globe.

These challenges include, but are not limited to:

1. Ensuring business continuity in light of employee quarantines or travel restrictions;

2. Addressing heightened regulatory scrutiny and enforcement;

3. Mitigating the risk of fraud and corruption in the context of increased market volatility and business uncertainty;

4. Complying with data privacy and information security requirements in a time of heightened risk; and

5. Addressing any other compliance challenges specific to the organization’s operations or industry.

Given the fast-moving nature of the pandemic, it is important for organizations to stay vigilant and take steps to address these challenges proactively. Doing so can help protect the organization from potential compliance risks and disruptions to business operations.

Organizations should also work closely with their compliance teams to ensure that they have robust crisis management plans in place, which can be adapted as needed to address COVID-19-related compliance challenges. Having a plan in place will help ensure that any compliance risks are identified and addressed in a timely manner.