Compliance Monitoring & Testing
MT-08Report to the board annually and review the program
How Leela would run itAnnual · first quarter of each year
From the policy libraryThe requirement
In the first quarter of each year the board receives the annual monitoring and testing report, and the Compliance Officer reviews the program itself: the control inventory, the sampling method, testing effectiveness, resources, and alignment with regulatory expectations.
- Applies
- Tell Leela about your company to see whether this applies.
- Status
- Setup needed
Tell Leela how you handle it today, or hand it over: see what’s next.
The work
Prepare the annual report with twelve months of results and trends, present it to the board, and document the program review and its recommendations.
What Leela keepsThe evidence this obligation leaves, as the work happens
Listed from the policy libraryContents
- 01Annual board reportReport and board minute or acknowledgment
- 02Program reviewFindings against each review criterion, signed and dated
Evidence
Annual board report
Compliance Monitoring & Testing §7.2, §11
2
of 2 records
The work and the records come from this obligation in the policy library.