Compliance monitoring refers to overseeing business operations to ensure alignment with regulations. It evaluates which regulations apply and determines what compliance looks like. The purpose is to ensure an organization meets standards on an ongoing basis and identifies regulatory gaps to inform framework changes. A compliance monitoring plan addresses risks identified in audits, prioritizing the greatest threats. Elements include scope, policy reviews, reporting, training, and consequences for failing to improve. Compliance monitoring ensures operations are working properly, identifies noncompliance, and helps organizations spot issues before regulators.