Financial Regulatory Compliance
/ˌfaɪnænʃəl ˌrɛɡjʊˈleɪtəri kəmˈplaɪəns/
Definitions
- (n.) The adherence of financial institutions or entities to laws, regulations, guidelines, and specifications relevant to their operations to ensure lawful and ethical conduct.
The bank strengthened its financial regulatory compliance program to avoid penalties.
Forms
- financial regulatory compliance
Related terms
See also
Commentary
Often involves ongoing monitoring and reporting requirements; careful drafting of policies is crucial to meet evolving legal standards.
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.