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ME3.4 - Positive Assurance of Compliance

This topic is intended to enable collaboration and sharing of information to facilitate a better understanding and approach to implementing this COBIT control objective based on the risk, value and guidance provided by its corresponding control practices.

COBIT Control Objective ME3.4 - Positive Assurance of Compliance is contained within Process Popup Ensure Compliance With External Requirements.

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Positive Assurance of Compliance

Obtain and report assurance of compliance and adherence to all internal policies derived from internal directives or external legal, regulatory or contractual requirements, confirming that any corrective actions to address any compliance gaps have been taken by the responsible process owner in a timely manner.

View value and Risk Drivers  help

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Value Drivers

  • Confirmation of the enterprise’s compliance with applicable laws and regulations through the use of standards and methodologies
  • Good practices identified for dealing with laws and regulations effectively incorporated into enterprise arrangements
  • Increasing process performance in relation to compliance with applicable laws and regulations
  • Confirmation that deviations from compliance requirements are identified and corrected in a timely manner
  Risk Drivers
  • Failure to report non-compliance incidents, adversely impacting the enterprise’s performance and reputation
  • Increased likelihood of disputes
  • Areas of non-compliance not identified and reported
  • Corrective actions not initiated in a timely manner, adversely impacting the overall performance of the organisation

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  1. Obtain regular confirmation of compliance with internal policies from process owners.
  2. Ensure that regular (and, where appropriate, independent) internal and external reviews are performed to assess levels of compliance with internal policies.
  3. Establish procedures for the receipt of assertions from third-party service providers on levels of their compliance with applicable laws and regulations.
  4. Ensure that contracts with third-party service providers require regular confirmation of their compliance with applicable laws and regulations.
  5. Implement a process to monitor and report on non-compliance issues, with further investigation, where necessary, of the root cause of non-compliant performance taking place.

 

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