Corporate Compliance
/ˌkɔːrpərət kəmˈplaɪəns/
Definitions
- (n.) The adherence of a corporation to laws, regulations, standards, and ethical practices relevant to its business operations.
The company's corporate compliance program ensures it meets all regulatory requirements.
- (n.) The internal processes and procedures established by a corporation to promote lawful and ethical conduct among its employees and management.
Effective corporate compliance helps prevent legal risks and reputational damage.
Forms
- corporate compliance
Related terms
See also
Commentary
Corporate compliance is often implemented through dedicated compliance departments and involves monitoring, training, and enforcement to mitigate legal risks.
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.