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How do you deal with repeated compliance failures in a specific business segment or compliance program area?

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Question added by Salman Iqbal , ISP-FTTX Migration Engineer , Kuwait Network Electronics & Technology CO
Date Posted: 2013/09/14
Mohammed Salim Allana
by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

Under the given circumstances, frequent compliance failure by a particular business segment:

1. Raise the key issues with Senior management, Risk / Audit committee or Board meetings (if required) for immediate remediation..

2. Let senior mgmt take strong decision to issue a strong message about non compliance with strict disciplinery actions such as termination of those responsible.

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