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What is Compliance?

Compliance involves adhering to laws, regulations, standards, and ethical practices relevant to business operations. This includes environmental, labor, financial, and data protection regulations. Effective compliance management ensures legal and ethical conduct, enhancing corporate reputation and stakeholder trust. It supports operational efficiency and risk mitigation. Organizations committed to compliance demonstrate responsibility and integrity. Implementing robust compliance programs is essential for achieving regulatory compliance, preventing penalties, and fostering a culture of corporate responsibility.

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