• 4 Phase 4 - Validate indicators and determine extent of effectiveness

    Phase 4 drills down into the detailed analysis to paint a defensible picture of the effectiveness of your compliance strategies.

    It involves the support of data and intelligence analysts and evaluation experts, who in collaboration with the risk manager will determine the evaluation approach and evaluate effectiveness, comparing actual outcomes with the desired outcomes.

    This phase is completed outside the workshop, after phases 1 to 3 have been endorsed.

    By answering the following questions, you will ensure that you can measure the effectiveness of your compliance strategies and paint a defensible picture.

    Last modified: 19 Jan 2015QC 21200