Glossary definition: Compliance Management

Compliance Management: Ensuring Adherence to Regulations

Compliance Management is the practice of ensuring that an organization is adhering to all applicable laws, regulations, standards, and ethical practices. It involves developing and implementing policies and procedures to ensure that the organization is in compliance with applicable laws, regulations, standards, and ethical practices. It also involves monitoring and enforcing the policies and procedures, conducting regular audits and reviews, and providing training and guidance to employees to ensure that they are in compliance. Compliance Management is an important part of any organization's overall risk management strategy and helps to ensure that the organization is operating in a safe and compliant manner.