Why do we have the Compliance Program?
The University of Vermont is strongly committed to ethical conduct and fostering a "culture of compliance". A "culture of compliance" is an environment that supports adherence to the law and to institutional policies and procedures. To express its commitment to these goals, the University has created the Compliance Program.
What is the Compliance Program?
Amongst other things, the Compliance Program identifies, monitors, and performs a risk assessment of all the regulatory compliance assurance activities existing throughout the University. Importantly, it also monitors emerging compliance issues. The framework for the Compliance Program is based on seven standard criteria set by the Federal Sentencing Guidelines.
What are the benefits of the Compliance Program?
Compliance Program benefits include:
- enhancing coordination, consistency, and efficiency, by providing an institutional perspective of the University's individual compliance assurance activities;
- reducing the risks of non-compliance, as well as reducing potential penalties, by meeting the Federal Sentencing Guidelines' criteria for an effective compliance program;
- providing continuous monitoring and assistance regarding compliance assurance activities, using a risk based approach;
- providing a consolidated resource for compliance information and guidance for the campus community.
Last modified September 12 2014 01:14 PM