Release 

Comments 

Release 1

This version first released with BSB Business Services Training Package Version 1.0.

ELEMENT 

PERFORMANCE CRITERIA 

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1 Clarify the scope of operations

1.1 Identify and review the relevant range of operations and the sphere of business arrangements of the organisation

1.2 Conduct an analysis of the operations and business arrangements of the organisation and identify the functions, products and services that may be subject to compliance requirements

1.3 Develop and document work activity plans for determining relevant compliance requirements

1.4 Obtain approval of plans from relevant organisational personnel

2 Identify compliance requirements

2.1 Conduct a search of information on internal and external compliance requirements using appropriate search resources, including relevant Australian and international standards

2.2 Ensure the search of compliance requirements scans across all relevant jurisdictions of laws, regulations, and industry and organisational codes and standards and identify pertinent compliance requirements

2.3 Progressively review information collected in terms of its relevance to the organisation’s operations, services and products

2.4 Organise and store gathered information on relevant compliance requirements in an appropriate format for further analysis

3 Interpret, analyse and prioritise identified compliance requirements

3.1 Review and interpret collected information in terms of its relevance to the organisation’s functions, services and products

3.2 Discuss and clarify with relevant internal or external personnel ambiguities, uncertainties and problems experienced in interpreting identified compliance information

3.3 Identify, analyse and prioritise relevant compliance requirements in terms of critical implications for the organisation and risks and consequence of possible breaches

3.4 Group pertinent compliance requirements into those that are critical and central to the organisation’s operations, those that are important in some circumstances but are not central to the organisation’s operations, and those that are pertinent but are incidental to the organisation’s operations

4 Document compliance requirements

4.1 Organise and document outcomes of the identification and interpretation activities

4.2 Prepare and communicate reports of relevant compliance requirements and assessment of implications to relevant personnel performing specific compliance management functions

Skill 

Performance 

Criteria 

Description 

Reading

1.1, 1.2, 2.1, 2.2, 2.3, 3.1, 3.3, 3.4

• Identifies, interprets, analyses or reviews complex texts from various sources to determine legal requirements, organisational operations, specific requirements and responsibilities

Writing

1.2, 1.3, 1.4, 2.4, 3.2, 3.3, 3.4, 4.1, 4.2

• Collates and compiles results of research and analysis using appropriate technical language and organisational formats
• Develops materials to convey information, requirements or recommendations using language and structure appropriate to the audience

Oral Communication

1.4, 3.2, 4.2

• Presents specialised information using structure and language to suit the audience
• Uses appropriate techniques, including active listening and questioning, to seek approvals and to confirm understanding

Navigate the world of work

1.2, 2.2, 3.1, 3.3

• Takes full responsibility for following policies, procedures and legislative requirements and identifies organisational implications of new legislation or regulations

Interact with others

1.4, 3.2, 4.2

• Identifies and uses appropriate conventions and practices when communicating with internal and external personnel

Get the work done

1.1, 1.3, 2.1-2.4, 3.1, 3.3, 3.4, 4.1, 4.2

• Plans, organises and implements activities required to identify, prioritise and document compliance requirements
• Systematically gathers, analyses and evaluates all relevant information in order to make informed decisions about management of compliance breaches
• Uses digital tools and systems to locate, organise and share information in effective ways

Code and title  

current version 

Code and title 

previous version 

Comments 

Equivalence status 

BSBCOM501 Identify and interpret compliance requirements

BSBCOM501B Identify and interpret compliance requirements

Updated to meet Standards for Training Packages

Equivalent unit

Release 

Comments 

Release 1

This version first released with BSB Business Services Training Package Version 1.0.