Organizations must create and maintain compliance programs that, at a minimum, meet the seven core requirements. An effective compliance program fosters a culture of compliance.
To help ensure compliance, behave ethically and follow your organization’s Standards of Conduct. Watch for common instances of non-compliance, and report suspected non-compliance.
Know the consequences of non-compliance, and help correct any non-compliance with a corrective action plan that includes ongoing monitoring and auditing.
Compliance Is Everyone’s Responsibility!
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Prevent: Operate within your organization’s ethical expectations to prevent non-compliance!
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Detect & Report: Report detected potential noncompliance!
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Correct: Correct non-compliance to protect beneficiaries and save money!