Who is responsible for compliance monitoring?

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Effective control
The compliance audit auditor is authorized to verify and detect suspicious transactions in the accounting of the companies he audits. He can verify the origin of the funds, the identity of the persons concerned as well as the cause of the transfer. This system helps combat fraud, money laundering, and also transactions linked to terrorism.

The control covers legal and financial issues, but also user protection through respect and protection of personal data, for example.

Following this audit, the employment database auditor provides a detailed opinion with the areas for improvement as well as the company's strengths with regard to business compliance.

To ensure that companies are compliant, they have the option of appointing an internal employee for this position of responsibility or of using an external service provider. The compliance and control manager is assigned various tasks.

The internal auditor of the company
The compliance and control manager is assigned to the implementation, monitoring and proper compliance with compliance rules. He must be able to demonstrate solid knowledge validated by an MBA in business law . The MBA compliance training is the most likely to lead you to the profession of compliance controller by having in hand all the knowledge and know-how necessary to practice your professional activity.

The duties of the compliance and control manager are diverse. In fact, he must:

Define, implement and improve internal tools (management, monitoring, etc.) which enable the structuring of the compliance center;
It must ensure monitoring, analysis and follow-up of regulatory compliance;
Its mission focuses on internal regulatory support (expertise and operational proposals) for the benefit of the company's activities;
This predominant role is often attached to the Director of Internal Control, Audit and Digital.