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FILED November 7 2022Division of Consumer AffairsASSURANCE OF VOLUNTARY COMPLIANCE This Assurance of Voluntary Compliance (Assurance) 1 is entered into by the Attorneys General 2 of Arizona, Arkansas,
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The Compliance Assurance Process (CAP) is a systematic approach implemented by organizations to ensure that they meet regulatory and legal requirements. It involves ongoing monitoring, assessment, and improvement of compliance measures.
Organizations that are subject to regulatory requirements and seek to demonstrate adherence to compliance standards are required to file the Compliance Assurance Process CAP.
To fill out the Compliance Assurance Process CAP, organizations must gather relevant compliance data, complete the prescribed forms accurately, and ensure that all required documentation is attached before submission.
The purpose of the Compliance Assurance Process CAP is to promote accountability and transparency within organizations, ensuring they adhere to legal standards and mitigate risks associated with non-compliance.
Organizations must report information such as compliance metrics, risk assessments, audit findings, action plans, and any incidents of non-compliance on the Compliance Assurance Process CAP.
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