Regulatory Compliance
/ˌrɛɡjʊˈleɪtəri kəmˈplaɪəns/
Definitions
- (n.) The act or process by which organizations ensure adherence to laws, regulations, guidelines, and specifications relevant to their industry or operations.
The company implemented rigorous regulatory compliance measures to avoid legal penalties.
- (n.) The state or condition of conforming to regulatory requirements established by governmental or professional bodies.
Regulatory compliance is essential for banks to maintain their licenses.
Related terms
See also
Commentary
In legal texts, "regulatory compliance" often encompasses both the procedural aspects of meeting legal requirements and the status of being in compliance; drafting should clarify context 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.