Quick Answer: What Does Compliance Mean?

What is another word for compliance?

In this page you can discover 69 synonyms, antonyms, idiomatic expressions, and related words for compliance, like: agreement, surrender, obedience, assentatious, facilitation, yielding, acquiescence, assent, docility, accommodating and amenable..

Legal compliance is the process or procedure to ensure that an organization follows relevant laws, regulations and business rules. … There are two requirements for an enterprise to be compliant with the law, first its policies need to be consistent with the law.

What is the compliance risk?

Specifically, compliance risk is the threat posed to a company’s financial, organizational, or reputational standing resulting from violations of laws, regulations, codes of conduct, or organizational standards of practice.

What are the types of compliance?

Types of compliance auditsHIPAA (Health Insurance Portability and Accountability Act of 1996) … PCI-DSS (Payment Card Industry Data Security Standard) … SOC 2 (Systems and Organizational Controls) … SOX (Sarbanes-Oxley Act of 2002) … ISO (International Organization of Standardization) … GDPR (General Data Protection Regulation)

What is compliance with example?

The definition of compliance means following a rule or order. An example of compliance is when someone is told to go outside and they listen to the order. An example of compliance is when a financial report is prepared that adheres to standard accounting principles. noun.

What does compliance mean in the workplace?

What is Workplace Health and Safety (WHS) Compliance? Complying with Workplace Health and Safety laws and regulations involves taking steps to ensure that everybody who works or enters your workplace is as safe as they possibly can be.

How do you show compliance at work?

10 Ways You Can Foster Better Compliance in the WorkplaceFirst, identify company values. … Encourage accountability. … Go beyond “anti” and teach “understand” … Teach what you should do, not just what you shouldn’t. … Educate on the benefits of diversity. … Eliminate the stigma around difficult topics. … Offer both manager- and employee-specific training.More items…•

How important is compliance?

Enforcing compliance helps your company prevent and detect violations of rules, which protects your organization from fines and lawsuits. The compliance process should be ongoing. Many organizations establish a program to consistently and accurately govern their compliance policies over time.

Are in compliance with?

: in the way that is required by (a rule, law, etc.) In compliance with a court order, the company has ceased operations. The workers were not in full compliance with the rules.

How do you use the word compliance?

Compliance sentence examplesIf you are in compliance with the law, you must prove it! … The company was in compliance with the various safety regulations. … Compliance audits were held throughout the company. … The new rules were becoming a compliance burden. … The procedures were rewritten to be in compliance with legislation.More items…

What are the four methods of compliance?

Compliance Strategies: Common Persuasion TechniquesFoot-in-the-Door Technique. The foot-in-the-door technique involves making a smaller request, which a person is likely to agree to, before making your larger request. … Door-in-the-Face Technique. … Low-Balling. … Norm of Reciprocity. … Ingratiation.

How do you use strict compliance in a sentence?

We have accordingly urged strict compliance with the treaty by both sides. We may find that there was not strict compliance with the present law. We believe it is subject to strict compliance with safeguards on privacy and the protection of personal data.

What’s the definition of compliance?

the act of conforming, acquiescing, or yielding. a tendency to yield readily to others, especially in a weak and subservient way. conformity; accordance: in compliance with orders.

What is a compliance process?

Process compliance ensures that the company’s policies and procedures are designed to comply with internal and external policies.

What is compliance responsibilities?

Compliance officers are responsible for ensuring their organization complies with government regulations — domestically as well as globally, if applicable — and avoids missteps that could result in hefty fines, legal ramifications and reputation damage.