Phillips Law

Recommendations of COMPLIANCE AND ENFORCEMENT Part 3

388. Compliance policies should be integrated and aligned with other business efforts and objectives to avoid duplication of effort and to take advantage of opportunities for synergies.

389. Compliance with laws, rules, codes and standards should be incorporated in the code of conduct of the company to entrench a compliance culture. Employees should be encouraged to understand and, as necessary, implement the laws, rules, codes and standards of good corporate governance.

390. A compliance culture should be developed and encouraged by the leadership of the company through establishing appropriate structures, education and training programmes, communication and key compliance indicators.

391. The company’s compliance function should have adequate resources to discharge its responsibilities.

 

  • According to the NATIONAL CODE ON CORPORATE GOVERNANCE ZIMBABWE