Which role(s) has the capability to create Policies?

The role that possesses the capability to create Policies is typically the Compliance Manager. This role is responsible for overseeing compliance-related activities and initiatives within an organization. As part of their responsibilities, the Compliance Manager is empowered to establish, modify, and manage various compliance policies to ensure that the organization's practices align with regulatory requirements and internal standards.

The Compliance Manager's expertise in compliance matters and understanding of the regulatory landscape makes them well-suited to create effective policies. Their role likely includes a comprehensive understanding of risks, regulations, and best practices, which is crucial for developing policies that adequately address compliance issues.

The other roles mentioned, such as Compliance Admin and Compliance User, generally have more limited permissions focused on executing and managing existing policies rather than creating them. The Risk Manager role, while integral to risk management processes, may not have the authority or focus specifically designed for developing compliance policies as the Compliance Manager does.