Compliance Overview
Compliance refers to the adherence to laws, regulations, and organizational policies that govern the operations of a business or organization. It ensures that an organization operates within legal boundaries while promoting ethical standards. An effective compliance program typically includes the following key components:
1. Understanding Regulatory Requirements: Organizations must be aware of the local, national, and international regulations that apply to their industry. This includes industry-specific regulations, data protection laws, and workplace safety standards.
2