"The objective of Compliance Programme Template is to help the secretarial auditor in evaluating the critical aspects of compliance management." Explain.

"The objective of Compliance Programme Template is to help the secretarial auditor in evaluating the critical aspects of compliance management." This statement is true Compliance management through systematic processes helps in achieving 100% compliance with letter and spirit. The objective of Compliance Programme is- To establish and maintain centralised mechanism to ensure compliance with all applicable laws (both Indian and International). To establish and maintain effective co-ordination of functional units and the compliance department under the overall supervision of the Board. To incorporate changes in the existing applicable laws or introduction of new laws, into the compliance process in real time manner. Effective communication of the changes in the regulatory mandates to the applicable functional and other units in real time manner. To provide training on compliance requirements at regular intervals. To introduce and implement ethics programmes for Board, Senior Management and other staff members. To establish pro-active compliance risk management culture into the organisation. To establish effective monitoring and control systems. To adopt fair market practices. To establish mechanisms to prevent, detect, report and to respond to non compliances. To introduce effective whistle blowing mechanism. To establish compliance dashboard.