Course

What is Compliance?

University of Pennsylvania

Discover the critical role of compliance in business success with the "What is Compliance?" course. Explore the far-reaching impact of compliance on industries, companies, and organizations, delving into real-world case studies and strategies for effective risk management.

  • Understand compliance within an industry setting
  • Examine the influence of compliance on financial, reputational, and functional aspects
  • Explore reasons for engaging in compliance and strategies for risk management

Embark on a comprehensive journey that highlights the positive value of compliance in navigating highly regulated industries and avoiding potential pitfalls.

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What is Compliance?
Course Modules

Delve into the multifaceted modules of the "What is Compliance?" course, featuring in-depth explorations of compliance, its importance, risk management, and developments in the field. Gain invaluable insights and strategies for effective compliance implementation.

What is compliance?

Welcome to the Course! This module provides an introduction to the critical concepts of compliance, its impact, and the importance of ethical compliance programs. Delve into real-world case studies and strategies for effective risk management.

  • Examine the definition and significance of compliance within an industry setting
  • Explore the impact of compliance on financial, reputational, and functional aspects
  • Analyze real-world case studies to understand the consequences of compliance and governance failures

Why is Compliance Important?

Uncover the significance of compliance in Module 2, emphasizing its impact on industries, companies, and organizations. Gain insights into the positive value of compliance and its role in avoiding fines, penalties, and reputational harm. Explore the financial implications and ethical responsibilities associated with compliance.

  • Understand the pervasive and varied nature of compliance obligations
  • Explore the financial and reputational impact of avoiding fines and penalties
  • Analyze the positive values of compliance in supporting industry, company, or organizational functions

Compliance & Risk

Module 3 delves into the critical relationship between compliance and risk management, offering insights into risk analysis, tolerance, and mitigation strategies. Explore the impact of reputational harm and real-world case studies to understand the dynamics of risk in compliance.

  • Understand the essential link between compliance and risk management
  • Explore risk analysis, tolerance, and effective risk mitigation strategies
  • Analyze real-world case studies to assess the impact of reputational harm and risk on compliance

Developments in the Field of Compliance

Explore the latest developments in the field of compliance in Module 4, uncovering the shifting landscape of compliance enforcement and the burgeoning profession of compliance. Gain insights into the evolving regulatory environment and the impact of compliance on specific subject areas.

  • Examine the evolving perception of compliance by enforcement agencies
  • Explore the trends and shifts in compliance, from institutional compliance to specific subject areas
  • Analyze the impact of emerging regulatory concerns, such as "Loot Boxes" and their regulation
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