What is compliance?

 

In free translation from English, the term compliance can be understood as compliance. Imported from the United States and Europe, the concept began to gain space in Brazil from the 1990s, but only in recent years has taken the dimension it has today. Much of this is due to the creation of the Brazilian Anti-Corruption Law. Thus, compliance is the business area that deals with compliance with the laws and all the rules governing a corporation, both internal and external. It also ensures the culture of ethics and integrity in the relationship between employees and managers and their different stakeholders.

Compliance consists of a set of rules and processes that seek to understand the risks to which an organization is subjected and their possible implications, as well as ways to mitigate them.

Those responsible for compliance and program implementation are professionals in the area, who thoroughly study the laws and standards to which the company submits. In addition, they develop core competencies to find the most appropriate solutions to ensure compliance with these rules.