Compliance with Regulatory Requirements in Business Operations

Research and comply with
regulatory requirements

Contents
TASK 1............................................................................................................................................1
1. identify sources of information for compliance with laws and licensing for business
operations.....................................................................................................................................1
2.evaluate areas of business operation and determine scope of compliance requirements.........2
3. two examples of ways to access regulatory information relevant to specific business
operation......................................................................................................................................3
4. Where could the identify risks, penalties and consequences of non-compliance....................3
5. Outline two examples of the organisation may need specialist legal advice...........................4
TASK 2............................................................................................................................................4
1.develop and clearly articulate regulatory policies and procedures...........................................4
2. two roles and their responsibilities of personnel for regulatory compliance in policies and
procedures....................................................................................................................................5
3. an example of when the distribution of policies, procedures and legal information to
personnel would be appropriate...................................................................................................5
4. organise information updates for personnel to ensure their knowledge of roles and
responsibilities for legal compliance...........................................................................................5
TASK 3............................................................................................................................................6
1. beneficial to communicate with regulatory.............................................................................6
2. Maintain business and occupational licences and check contractor compliance to avoid risk
to business....................................................................................................................................6
3. continuously evaluate business operations for non-compliance and implement modifications
.....................................................................................................................................................6
REFERENCES................................................................................................................................8

TASK 1
1. identify sources of information for compliance with laws and licensing for business operations
It has been analysed that wit. in every company there are legal compliance which needs to be
fulfilled so that the business operations can be carried on. It assists in ensuring that consumers
are safe and protected, also it helps in making sure that employees work in better working
conditions. They make sure that the staff is been protected from any type of harm as well as
injury. Laws and licensing can also regulate the quality of goods and services and ensure that
they meet national standards (Root, 2019). In this firm can implement best practise standards. It
has also been analysed that the adequate legal requirements depend upon the size and exact
location of firm. It is expected persons who are working on senior level has knowledge related to
the legal requirements. In this they must have knowledge related to key practices which are being
prohibited by law. They should also contain knowledge based on auditing and inspection
regimes. Senior management level should also contain also have the knowledge related to main
issues which can be faced by non-compliance.
They should also be aware about the rights and responsibilities for business. Company can
also be engaged in taking other specific measures when the rights and responsibilities are not
being followed by them. Specific actions must be taken so that better discipline is being
maintained. In this the hotel needs to ensure that the ethical code of conduct is being followed by
them so that brand reputation of firm can be enhanced. In this the practice standards are being
applied to work (Orozco, 2020). All rules and regulations needs to be complied by hospitality
sector. In this the hotel must ensure that workers are working in safe and secure condition. They
should also make sure that the no discrimination exists between workers, there must be equality
so that the goals and objectives can be achieved by them. It has also been analysed that the
hospitality organisation must be engaged in making proper rules and regulations, so that better
environment can be implemented in organisation. This will assist in making sure, that employees
are being retained. There are various sources of the information which are based in legal
compliance. It includes the following:
 Local, state, territory or commonwealth government departments or regulatory agencies.
 The associations of industry
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 There must be a plain document of English which can explain operational needs of
legislation
 Data from the computer and internet.
 Discussions with the experienced personnel’s in industry
 The other sources of information can include accreditation operators, organisations and
their associations. It can also include the developers based on their code of conduct. The
information can also be gathered based on journals and seminars. It can also be collected
based on colleagues and suppliers. It can be gathered from libraries, articles, media,
reference books, internet and other materials.
2.evaluate areas of business operation and determine scope of compliance requirements
Scope related to fulfilling compliance requirements: In this the hospitality company must be
engaged in analysing about which laws and need of licensing is been related to their industry. It
has been analysed that Sydney Harbour Marriott Hotel must be engaged in addressing the
legislation. It includes the following:
 Anti-discrimination act, it includes the provision related to providing equal employment
opportunity.
 Australian consumer law, which is been related to refunds and other exchange related
items.
 Contribution of employer to superannuation (Kocziszky, Veres Somosi and Kobielieva,
2017).
 Addressing to the other acts like environment protection and making sure that
sustainability is been maintained. The other acts like fair work act 2009 must also be
complied with business operations. In every operation of business hospitality firm needs
to be engaged in making use of environmental hazard identification. They should also be
engaged in following and maintaining the sustainability.
 The provisions related to National employment standards also needs to be followed. The
hospitality firm needs to be make sure that they are being engaged in providing healthy
and safe working conditions to workers. Better and adequate workplace relationship
should be maintained, so that better working environment can be provided to workers.
 It has also been analysed that the Harbour Marriott hotel needs to be engaged in
addressing to various other legal requirements such as Food standards Australia New
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