Building Compliance Management Systems

A well-designed compliance management system (CMS) is essential for organizations navigating today's evolving legal and regulatory environment. This program offers a practical, skills-based overview of how to build and maintain an effective CMS that aligns with federal and state expectations.

Attorneys advising corporate clients or working in compliance roles will gain valuable insights into identifying key CMS elements-such as risk assessment, training, independent audits, and third-party oversight-and implementing them to reduce liability, respond to enforcement actions, and stay ahead of compliance risks. Through real-world enforcement case studies and a step-by-step breakdown of system components, this course provides tools to help legal professionals anticipate challenges and guide organizations toward proactive compliance.

Learning Objectives:

1. Identify the core components of a compliance management system, including risk assessment, policy development, training, and monitoring.
   

2. Conduct risk assessments by analyzing applicable laws, defining risk categories, and measuring inherent and residual risks.
   

3. Develop internal compliance controls, including board oversight, independent audits, complaint resolution systems, and third-party monitoring.
   

4. Evaluate regulatory supervision and enforcement authority at the federal and state levels, and understand how they impact organizational compliance strategies.
   

5. Apply lessons from recent enforcement actions to improve compliance protocols and mitigate potential legal exposure.