Write short notes on the following: Compliance Dash Board.

The compliance dashboard helps in simplifying the compliance obligation, effectively managing the compliance risk, facilitating board oversight, effective co-ordination of functional units. Some of the features of an effective Compliance Dashboard is as follows: The Compliance Dashboard should alert the company in the risk prone areas or in case of non compliances. It should display the compliance obligations on the compliance calendar or dashboard. Before the date of regulatory mandate an e-mail should be sent to the compliance owner. The Compliance owner should send the response once compliance is done.