AS 3806-2006

Provides guidance on the principles of effective management of an organization's compliance with its legal obligations, as well as any other relevant obligations such as industry and organizational standards, principles of good governance and accepted community and ethical norms. The principles cover commitment to achieving compliance, implementation of a compliance program, monitoring and measuring of compliance, as well as continual improvement.

This Standard provides principles and guidance for designing, developing, implementing, maintaining and improving a flexible, responsive, effective and measurable compliance program within an organization.Section 2 sets out the essential principles which will be common to all effective compliance programs. Sections 3 to 6 contain guidance regarding those principles, recognizing that the implementation and management of an effective compliance program which complies with those principles will differ for each organization depending on the size, nature and complexity of its operations and its specific circumstances.This Standard is designed to complement the documents listed in the Bibliography at AppendixA.

Originated as AS 3806-1998.
Second edition 2006.