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What is a regulatory compliance policy?

Regulatory compliance can be broadly defined as the adherence to laws, regulations, and guidelines created by government legislations and regulatory bodies applicable to an organization based on the industry and jurisdiction in which it operates.

What is a legal compliance?

Legal compliance is the process or procedure to ensure that an organization follows relevant laws, regulations and business rules.

Is compliance and legal the same thing?

Legal counsel is primarily in charge of contract drafting, negotiation, and review; compliance handles violations of the Code of Conduct, policies and procedures, or other wrongdoing by those employed or engaged by the organization.

Is compliance considered legal?

As effective communicators and problem solvers, lawyers can leverage their legal training in compliance, even though a law degree may not be required. In fact, compliance is often not technically a legal role, and compliance professionals typically do not provide legal opinions or represent their firms.

What is legal conformity?

It is the intent of the Contractor and the Union, and parties of this Agreement, to comply with all State and Federal Laws.

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