Victoria's Chief Police Commissioner Ken Lay has acknowledged officers have been guilty of racial profiling after the release of a report on how the force will combat racism.

Mr Lay says the review process has been worthwhile and convinced him to change his mind about tackling the issue.

Almost a year ago, police arrived at an out-of-court settlement after accusations officers had racially profiled, harassed and bashed a group of almost 20 African-Australian boys in Melbourne's inner-north.

Victoria Police was ordered by the Federal Court to conduct the review as part of the discrimination case settlement.

However, Mr Lay says there are no immediate plans to sanction any police officer.

"We'll consider whether in fact these actions were done intentionally, whether they were done unintentionally, but right at this very moment, I'm not in a position to say one way or another whether we'll be taking actions against individuals," he said.

He made the remarks after the release of a policy document aimed at fighting racism in the force.

Some victims of the abuse and their lawyers were briefed about the document before it was made public.

One of the group of young men who took their discrimination action to the Federal Court, Maki Issa, said he welcomed the promise of police reform.

"It's the outcome of everything we've been fighting for, and it kind of justifies what we've fought for," Mr Issa said after receiving a briefing on the report by the Police Commissioner.

Peter Seidel, from Arnold Bloch Leibler, the legal firm which acted for the young men, called the response by the police "refreshing".

"There's an acknowledgment by the police that implicit bias exists within the force," Mr Seidel said.

"It's a frank and honest assessment of what the police need to do."

There are plans to implement a host of recommendations aimed at improving the way police relate to the community.

Victoria Police says it will pioneer a so-called "receipt system" in Australia, where a record is kept of who is stopped by police and for what reason.

The police now have three years to implement their plan.