Compliance

Compliance

First, what is Compliance?

com•pli•anceNoun/kəmˈplīəns/

1. The action or fact of complying with a wish or command.
2. The state or fact of according with or meeting rules or standards

At C.A.B. Consulting and Brokerage we understand that compliance means conforming to a rule, such as a specification, policy, standard or law. In regulatory compliance we understand the goal is to ensure that personnel are aware of, and comply with laws and regulations.

If you are in business in the United States right now, no matter what industry you are in, it is likely that you will be making changes to the way you operate so that you will be in compliance with new government regulations and laws. And, in particular this is true for businesses in the financial services sector. Changes are sweeping across the country on the local, state, and federal level. The innovative payday loan company owner is once again having to adapt.

C.A.B. Consulting and Brokerage recognizes that the volume and intensity of regulations is resulting in more resources being allocated to compliance in both small and big business. Rather than rely on tried and true methods of the past, aged training, and existing safeguards, companies are taking notice and investing in new, consolidated, and harmonized sets of compliance controls. The intent of this measure is aimed at making sure requirements are met, efforts are not duplicated, and that uniformity is established in all phases of your business.