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Updated in [July 24th, 2023]

The course titled "What is Compliance Management Systems" provides a comprehensive overview of the essential components required in a compliance management system (CMS). Presented by Adam, this Compliance Clip covers the core elements necessary for an effective CMS, including the crucial board of director oversight. The video also highlights the sub-elements that constitute a robust compliance program, aligning with the expectations set by regulatory agencies such as the CFPB.