Compliance Requirements
/kəmˈplaɪəns rɪˈkwaɪərmənts/
Definitions
- (n.) The set of legal and regulatory obligations an entity must adhere to in its operations.
The company updated its compliance requirements to meet new environmental laws.
- (n.) Conditions stipulated by contracts or statutes that require parties to conform to specified standards or rules.
Failure to meet the compliance requirements resulted in a breach of contract.
Forms
- compliance requirements
- compliance requirement
Related terms
See also
Commentary
Typically used in plural to denote multiple obligations; drafting should clearly define the scope to avoid ambiguity.
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.