Compliance plays a central role in Neki Bazaar’s commitment to our five core values. Our Compliance team identifies and provides guidance on risk mitigation and the design of an effective risk management program in support of the organization’s commitment to serve its mission. We believe everyone is essential to meeting this commitment.
Compliance serves to ensure that internal controls are in place to achieve consistent and efficient standards of excellence to better serve Neki Bazaar donors, supporters, and beneficiaries, and to monitor adherence to legal requirements and industry standards. Neki Bazaar defines internal controls as mechanisms, rules, and procedures implemented by an organization to ensure the integrity of its risk mitigation measures, promote accountability, and prevent violations. Compliance monitors the organization’s policies and procedures by evaluating their effectiveness, identifying areas of risk or needed improvement, and ensuring accountability.