Comment by the Administration. The Office of Human Resources Management continues to monitor strict adherence to the administrative instructions mentioned.

Although the Investment Management Service is not a registered investment company, the goal of the Risk and Compliance Section would be to enhance the compliance function and, in doing so, foster improved compliance.

The Chief will act as independent liaison in regard to compliance issues in the Fund's governance structure.

(a) The increasing complexity of the market and operational environment has made it imperative for investment management organizations to build a strong compliance monitoring capability

(f) Compliance processes are needed for monitoring the adherence of advisers and service providers to the standards of the Investment Management Service

Compliance with the minimum operating security standards at many UNODC offices was verified by the Department of Safety and Security.

(g) It is important to have a function within the Investment Management Service that will play an independent liaison role in the Fund's governance structure in regard to compliance issues.

(i) Issues of non compliance with the Convention and the reasons for non compliance

(m) Review the United Nations system of internal control, including financial, operational, compliance controls and evaluate the effectiveness of risk management

Implementation Committee under the

Review of the status of compliance with specific decisions of the Parties on non compliance

Review of the status of compliance with specific decisions of the Parties on non compliance

Consideration of compliance issues arising out of the data report

(d) Statement on the determination of non compliance Declaration on non compliance

Compliance with peremptory norms

Compliance with a requirement for a signature

Penalties for non compliance

Establishment of a compliance committee

Director, Compliance and Facilitation

Compliance Committee

Evaluation compliance, 2004

The adherence to the relevant rules and administrative instructions is within the purview of the ongoing monitoring by the Office of Human Resources Management of the exercise by departments, offices and field operations of the delegated human resources management authority.

(a) Compliance procedures and mechanisms

Conformity with operating standards

Islamic Republic of Iran.

Data reporting Compliance with control measures.

Data reporting Compliance with control measures

This reflects the importance placed on project evaluation in this area.

Division of Headquarters Safety and Security Services

The Compliance, Evaluation and Monitoring Unit will be responsible for conducting inspections and compliance reviews of security policies and standards at all United Nations entities, including headquarters locations and the field missions led by the Department of Peacekeeping Operations and the Department of Political Affairs.

Objective 2. Manage risks properly, strengthen safeguards for the protection of the assets of the Pension Fund, and maintain compliance with the regulations and rules of the Fund and with the decisions, mandates and guidelines issued by the United Nations Joint Staff Pension Board and the General Assembly.

Non compliance and the scope of the problem

(c) Verification of compliance with the rules

Monitoring compliance with licensing regulations

Election of members of the Compliance Committee

Organization of work, including the sessions of the subsidiary bodies (Agenda item 2 (e))

Election of members of the Compliance Committee (Agenda item 7 (c))

Responding to non compliance

Operation of the non compliance procedure

A set of standardized recommendations could help to streamline the process of considering non compliance and assist the Committee to manage its increasing workload more efficiently.

These compliance matters resulted in between 8 20 requests for Parties to submit a plan of action to address non compliance and return the Party to compliance as soon as possible.

Another issue the Australian delegation would like to raise is that of compliance with international law obligations and the consequences of such compliance.

Good practices for compliance

(d) Remedy against a non compliance with the rules

Montreal Protocol Compliance Assistance Programme