What should organizations do to ensure the effectiveness of their compliance and ethics program?

Regularly evaluating the effectiveness of a compliance and ethics program is crucial for ensuring that it is functioning as intended and adapting to new challenges. This evaluation process involves assessing whether the program's policies and procedures are understood and followed by employees, identifying potential areas for improvement, and ensuring that the program aligns with current laws and regulations. By conducting regular assessments, organizations can gather valuable insights that inform necessary adjustments and reinforce a culture of ethical behavior and compliance.

Additionally, regular evaluations help establish accountability within the organization, demonstrating a commitment to ethical standards and fostering trust among employees. This proactive approach supports ongoing training and communication efforts, ensuring that employees are aware of relevant ethical standards and compliance requirements.