Why is ongoing training important in compliance programs?

Ongoing training is crucial in compliance programs as it continuously keeps employees informed about the relevant laws, regulations, and procedures that govern their industry. This knowledge is essential for building a culture of compliance within an organization, ensuring that employees are aware of their responsibilities and the potential risks associated with non-compliance. Laws and regulatory requirements can frequently change, making it vital for employees to stay updated on these developments to mitigate risks and maintain compliance effectively.

By providing ongoing training, organizations help reinforce key compliance concepts and promote ethical behaviors, which can lead to a more informed workforce capable of making better decisions aligned with the company's compliance objectives. This investment in employee knowledge also demonstrates the organization’s commitment to compliance, fostering an environment where compliance is prioritized at all levels.