Compliance Management
/kəmˈplaɪəns ˈmænɪdʒmənt/
Definitions
- (n.) The systematic process by which an organization ensures adherence to legal requirements, regulations, and internal policies.
Effective compliance management is crucial to avoid regulatory penalties.
- (n.) The administrative oversight and control mechanisms established to monitor, enforce, and report on compliance obligations.
The company invested heavily in compliance management to oversee its financial reporting.
Forms
- compliance management
Related terms
See also
Commentary
In drafting, clearly delineate compliance management responsibilities to avoid liability gaps; effective documentation and enforcement protocols enhance legal defensibility.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.