Compliance Obligations
/kəmˈplaɪəns ˌɑblɪˈɡeɪʃənz/
Definitions
- (n.) Duties imposed on an entity by laws, regulations, contracts, or internal policies that require adherence.
The company must regularly review its compliance obligations to avoid legal penalties.
Forms
- compliance obligations
- compliance obligation
Related terms
See also
Commentary
The term often appears in regulatory and corporate law contexts, emphasizing the broad scope of mandatory requirements from various sources.
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.