What is compliance and what is its application in law?

Are you already familiar with the term compliance ? Not yet so we can say its in the right place. Here we will show you what compliance is what its benefits are and what its application can be in legal marketing ! Table of contents what is compliance? Compliance in the legislative scope adaptation to the law risk management conclusion what is compliance? Despite being a relatively new term in the legal market the need to be present in the most varied means of communication also brings with it the responsibility of being transparent with users who are becoming more demanding every day. In this way it is undeniable to think that organizing and developing internal mechanisms capable of verifying whether strategies are in compliance with the laws which in our case refers to the oab.

To define the term we can say that compliance is the act or procedure capable of ensuring compliance with regulatory standards according to the sector or market. Compliance has some pillars such as business management based on ethical precepts social responsability transparency protection of shareholders and consumers. As an example imagine a company with serious discipline problems with its Russia Phone Number employees a good option to resolve the situation could be an internal statute . This way the issues in question could be debated between everyone involved and thus avoid further internal conflicts . Compliance in the legislative scope to contextualize and be able to clearly show you the application in law we can mention the anti-corruption law .

Enacted in it came onto the scene as a means of punishing legal entities for their acts of corruption . However it is worth noting that this law cannot be considered a criminal law. Its sanctions and processes are handled at the civil and administrative level . To make it clearer the anti-corruption law has other characteristics such as allow the signing of leniency agreements transparency of the legal entity regarding donations to candidates and political parties disciplinary measures in case of violation of the integrity program periodic risk analysis to make necessary adaptations to the integrity program internal controls that ensure the prompt preparation and reliability of reports and financial statements of legal entities among other aspects.

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