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0CHAPTER 1TABLE OF CONTENTS A) OVERVIEW 1. 2. 3. 4. 5.GLOSSARY INTRODUCTION PURPOSE OF THE POLICIES AND STANDARDS DOCUMENT ROLE FOR CHARITIES ROLE FOR THE CHARITABLE GAMING Center ASSOCIATION2 3 3 4 4B)
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Begin by identifying the specific policies and standards that need to be developed.
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Gather information from various sources such as legal and regulatory requirements, industry best practices, and internal organizational requirements.
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Define the purpose and scope of each policy and standard to ensure clarity and to align with organizational goals.
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Develop clear and concise statements for each policy and standard, outlining the desired outcome and the necessary actions to be taken.
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Review and revise the policies and standards periodically to reflect changes in regulations, technologies, or organizational needs.
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Who needs policies and standards for?

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Organizations of all sizes and types, including businesses, government agencies, and non-profit organizations, need policies and standards.
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Individuals within organizations who are responsible for governance, risk management, and compliance (GRC) functions benefit from having policies and standards in place.
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Employees at all levels need policies and standards to guide their actions and decisions, ensuring consistency, fairness, and legal compliance.
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Customers and clients of organizations may also benefit from knowing that policies and standards are in place to protect their interests and ensure quality and safety.
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External stakeholders such as regulatory bodies, auditors, and investors may require organizations to have well-defined policies and standards as part of their assessment and evaluation processes.
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Policies and standards are put in place to provide guidelines and regulations that help establish consistency, efficiency, and security within an organization.
All employees and stakeholders within an organization may be required to contribute to the creation and adherence of policies and standards.
Policies and standards can be filled out by thoroughly reviewing current practices, researching industry best practices, and consulting with relevant stakeholders.
The purpose of policies and standards is to ensure compliance with laws and regulations, mitigate risks, and promote a culture of accountability and professionalism.
Information such as the purpose of the policy, the scope of applicability, roles and responsibilities, and procedures for enforcement must be included in policies and standards.
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