Real Estate
Specialty REIT Industry-specific Compliance Management Process
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Specialty REIT Industry-specific Compliance Management Process

Streamline Specialty REIT compliance with a comprehensive management process ensuring adherence, risk assessment, policy implementation, and reporting.
1
Identify the Regulatory Compliance Needs for the Specialty REIT Industry
2
Determine the Laws and Regulations Applicable to Specialty REIT Industry
3
Assess the Specialty REIT Compliance Risk Exposure
4
Set up a Compliance Program for Specialty REIT
5
Create Compliance Policies and Procedures
6
Implement the Compliance Policies and Procedures in Operations
7
Conduct Compliance Training Programs for the Employees
8
Monitor and Audit Compliance to the Policies and Procedures
9
Evaluate and Update the Compliance Program Periodically
10
Establish Compliance Reporting Systems
11
Report Compliance Data to Regulatory Bodies
12
Address Non-Compliance Issues
13
Develop and Implement a Corrective Action Plan
14
Approval: Compliance Officer for Corrective Action Plan
15
Evaluate the Effectiveness of the Corrective Action Plan
16
Maintain Documentation for Compliance Audit Trails
17
Prepare for External Compliance Reviews
18
Address Findings from Compliance Reviews
19
Approval: CEO for Compliance Review Findings
20
Develop and Implement Compliance Review Recommendations