LEGAL & REGULATORY COMPLIANCE

What is our next step in the assurance process?

To consider the extent to which you realise the benefits you create by legal and regulatory compliance.

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What do we mean by Legal and Regulatory Compliance?

Legal and regulatory standards represent the 'shared' Values with which we all must abide.

Why is are important:

It is important to make sure that we comply with these as 'minimum' standards, as this provides a secure foundation for further benefit creation. Compliance efforts should also be focused on the Values on which our operations are likely to have the most significant impact.

So what are the questions that we have to think about?

The Value generated by legal and regulatory compliance is often not realised by organisations, that is, in terms of the benefits that it creates for the organisation, its employees, customers, suppliers, any people the organisation represents and wider society. By this we mean, does your organisation promote its compliance and the benefits this brings, so that this is clearly understood by its Stakeholders?

What will ValueBox do with this information?

ValueBox will carry forward this information for you to review as part of the final stage of the assurance process. It will be mapped against the other answers that you have provided to identify which are likely to be the most important Values to you.

Please select all that apply.

Q10.1 As an organisation we promote our compliance with the following legislation in terms of the Value that we create.
(Put quite simply, if you are not aware of what your organisation does and the benefit that this adds, then do not select that legilsation or regulation.)

The Modern Slavery Act 2015

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General Data Protection Regulations and Data Protection Act 2018

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The Bribery Act 2010

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The Competition Act 1998

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The Health and Safety Act 1974

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The Equalities Act 2010

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National Minimum Wage Act 1998

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The Modern Slavery Act 2015

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To create a skilled and well-educated population in an economy which generates wealth and provides employment opportunities, allowing people to take advantage of the wealth generated through securing decent work.(Section 3 & 4 Future Generations Wellbeing (Wales) Act 2015)

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The Environmental Protection Act 1990

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Q10.2 If any of the legislation above does not apply to your organisation, please detail below.

Q10.3 If compliance with any other legislation or regulations is a further priority for you, please provide details of these.