The document outlines the key compliance obligations under the applicable regulatory framework, detailing the necessary steps organisations must take to adhere to legal standards. It emphasises the importance of continuous monitoring and assessment of compliance programmes, highlighting the need for regular training and updates to policies to mitigate risks effectively.

Additionally, the document discusses the implications of non-compliance, including potential penalties and reputational damage, urging organisations to adopt a proactive approach in their compliance strategies. It further details the significance of maintaining accurate records and fostering a culture of compliance within the organisation to enhance overall governance.