Compliance (sec +)

Compliance

act of conforming to a specific set of established rules, regulations, policies, standards, or laws that govern how an organization must operate, manage its data, and conduct its business processes

CCO (Chief Compliance Officer)

a senior executive within an organization who is ultimately responsible for overseeing and managing all compliance-related issues across the entire enterprise

Internal Compliance Reporting

involves preparing and delivering information about an organization's adherence to rules, regulations, and standards to two distinct audiences: internal stakeholders and external stakeholders

External Compliance Reporting

focuses on formally demonstrating the organization's due diligence and legal adherence to third parties with regulatory authority or contractual rights