RMI Regulatory Compliance

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The Retail Motor Industry Organisation is a proactive, relevant, retail and associated motor industry organisation recognised as the leading voice in South Africa’s automotive aftermarket. It serves the daily needs of its members and plays a key role in enabling motor trades to deliver a superior service to motoring consumers. Eight Associations fall proudly under the RMI umbrella. Inter-associational business-to-business trading is encouraged in the interest of all stakeholders.

The Regulatory Compliance Department of RMI aims to assist Members in managing risk associated with legislation and the challenges of meeting the regulatory requirement arising from it.

The RMI Regulatory compliance department is constantly vetting legislation; involving itself with technical experts in legislative processes; Interacting with the NRCS and SABS, which includes the monitoring of processes at these institutions and liaising with them to best protect the constituent associations of the RMI and their members. It further focuses on occupational health and safety matters both within the RMI and in respect of its members, as well as assisting in all other compliance-related matters.

The ultimate aim of the RMI is to ensure that its members are conducting their business in full compliance with all national and international laws and regulations that pertain to the motor industry, as well as professional standards, accepted business practices, internal standards, and the RMI Code of Conduct.

In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Regulatory compliance describes the goal that organisations aspire to, to achieve in their efforts to ensure that they are aware of and take steps to comply with relevant laws, policies, and regulations. Due to the increasing number of regulations and the need for operational transparency, organisations are increasingly adopting the use of consolidated and harmonised sets of compliance controls. This approach is used to ensure that all necessary governance requirements can be met without the unnecessary duplication of effort and activity from resources.

The RMI aims to educate its members in respect of the regulations required to do business in South Africa, managing the risks associated with non-compliance with these regulations and the challenges of meeting the regulatory requirements for its members.