The rapid growth of e-commerce and digital technology has resulted in an increasingly complex and constantly changing regulatory landscape, making it difficult for organisations to keep up with new rules and guidelines. In response, many companies have turned to customised online compliance training as an effective solution.
The Australian Competition and Consumer Commission (ACCC) has identified a number of enforcement priorities for 2023, including consumer protection, fair trading, and competition issues in the digital economy. With these priorities in mind, it is more important than ever for companies to invest in comprehensive and customised online compliance training programs.
One of the main benefits of customised online compliance training is that it can be tailored to meet the specific needs and requirements of a particular company and individual job roles within the organisation. This helps to ensure that employees receive the information and guidance they need to understand their responsibilities and avoid significant reputational damage, legal actions and fine.
Another advantage of customised online compliance training is that it can be delivered in a flexible and convenient manner, allowing employees to participate at their own pace and on their own schedules. This makes it an ideal solution for organisations with employees located in multiple locations or working remotely.
Customised online compliance training can help companies to stay informed about the latest developments in consumer protection laws and regulations, and to develop effective policies and procedures to prevent deceptive and unethical practices. The content should be kept up to date and refreshed regularly, ensuring staff are kept up to date of changes in regulation.
In addition to addressing the ACCC’s enforcement priorities, customised online compliance training can also help organisations to promote a culture of ethics and compliance. By providing regular training and education, companies can help to instil values of integrity and responsibility in their employees, and to create an environment where compliance is seen as a shared responsibility.
A customised online compliance training program is a critical investment for companies in 2023, given the rapidly changing regulatory landscape and the ACCC’s enforcement priorities. By investing in comprehensive and tailored programs, companies can help to ensure that they remain compliant with regulations and ethical standards, reduce staff training hours and improve engagement, while promoting a culture of responsibility and integrity.
Our Library of Online Compliance Training is Fully Customisable
GRC Solutions offer a suite of courses catering to the needs of organisations both across Australia and internationally. We are the experts in online compliance training, and offer:
- Off-the-shelf courses built with foundations of expansive industry knowledge;
- All these courses are fully customisable, quickly and economically
- Custom-built training to suit the specific needs of your organisation;
- The award-winning Salt Compliance LMS, with the new and intuitive Salt Adaptive application and;
- Consultancy services to better understand your business specific requirements.
For more information or to arrange a free trial, get in touch