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O2.3 ENHANCE OVERSIGHT SKILLS & COMPETENCIES
Deliver and periodically update specialized training for the board – and ensure that the board is knowledgeable about the design and operation of the program.


Management should ensure board members have the appropriate skills to provide oversight and that they are knowledgeable about the program's operation and design.

Program oversight requires specific competencies, including basic understanding of legal requirements and specific details regarding the design and operation of the organization's program. Board members with oversight responsibilities for the program should receive specialized training to develop these skills.
Standards & Guidance
    O2.3.S01
  • Develop an orientation program for members of the board of directors.
    O2.3.S02
  • Understand which committees or board members should be involved in oversight of compliance and ethics.
    O2.3.S03
  • Train high-level personnel, substantial authority personnel, the organization's employees, and, as appropriate, the organization's agents, about their compliance and ethics management responsibilities and program objectives.
    O2.3.S04
  • Ensure that the board has the necessary management, technical and subject matter expertise to perform appropriate oversight.
    O2.3.S05
  • Develop a training program for the board regarding its roles and responsibilities vis a vis the compliance and ethics program.
    O2.3.S06
  • Develop and document an effective continuing education program for members of the board.
    O2.3.S07
  • Ensure that all individuals within the organization's governing authority (board of directors) are knowledgeable about the content and operation of the compliance and ethics program.
Core Practices
    O2.3.101
  • Establish a training program to educate board members regarding:
    > principles/values;
    > ethical decision-making.
    O2.3.102
  • Establish a training program to educate appropriate board members regarding:
    > legal requirements of the program.
    O2.3.103
  • Establish a training program to educate the board about:
    > the design and operation of the program.
    O2.3.104
  • Confirm attendance and/or completion of specialized board training.
    O2.3.105
  • Involve the executive with high-level responsibility for the program in training the board.
Additional Practices
    O2.3.201
  • Define a competency model and curriculum plan for the board and each board member including:
    > board structure;
    > board responsibilities;
    > objective setting and strategic oversight;
    > good corporate governance;
    > enterprise risk management;
    > internal control;
    > compliance management;
    > ethics and ethical decision-making;
    > investigations oversight;
    > program metrics and measurement.
    O2.3.202
  • Establish a training program for the board that teaches specific oversight skills for the program.
    O2.3.203
  • Confirm understanding of specialized board training via assessment.
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