Compliance Board

A compliance board is a group of individuals within an organization tasked with overseeing compliance activities, policies, and overall regulatory adherence. This board may include senior management, compliance officers, and other stakeholders who ensure that compliance standards are maintained across the organization. The compliance board is responsible for approving policies, monitoring compliance efforts, and making strategic decisions to mitigate risk.

The presence of a compliance board underscores the organization’s commitment to a strong compliance culture and proactive risk management.