Compliance professionals have a duty to keep senior management and the board apprised of the state of compliance within the bank through which of the following:
Compliance professionals have a duty to keep senior management and the board apprised of the state of compliance within the bank through which of the following:
Compliance professionals are responsible for ensuring that senior management and the board are kept informed about the state of compliance within the bank. This involves self-monitoring and audit results to assess ongoing compliance, proactive compliance controls to prevent breaches, and timely and accurate regulatory reporting to ensure the bank meets external regulatory requirements. Therefore, all of the mentioned options are necessary components of an effective compliance reporting strategy.
The management will always be in control and make the company runs accordingly
not sure it is D since it should be "compliance performance reporting" not "regulatory".
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