compliance committees

Compliance committees are groups within organizations responsible for ensuring that the company follows laws, regulations, and internal policies. They oversee risk management, ethical standards, and regulatory requirements to prevent legal issues and promote responsible behavior. These committees review procedures, monitor compliance activities, and recommend improvements. Their goal is to help the organization operate transparently and ethically, reducing the risk of penalties or reputation damage. Essentially, compliance committees act as guardians ensuring the company adheres to the rules that govern its operations.