What comes to mind when you think of compliance training? Unfortunately, it does not have the best reputation; many view it as boring and monotonous. Despite that, employee compliance training is essential for organisations because adhering to specific laws and regulations protects both employees and the business.
No matter what industry your organisation is in, legal and regulatory compliance is essential to protect it and your employees. Therefore, it’s important your employees are well-trained for it. This is particularly relevant for the finance sector, as the increasing demand for digital services, such as online banking, has changed regulations and increased the need for compliance. ‘Compliance’ is a broad term for the various regulations that affect businesses, such as health and safety, corrupt practices and social responsibility.