Compliance
Following the legal, regulatory, contractual or procedural rules that apply to a person, business or transaction.
Related terms
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Non-compliance
Failure to follow a legal, regulatory, contractual or procedural requirement.
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Statutory
Required, created or governed by legislation rather than only by a private agreement.
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Regulatory
Relating to rules and oversight imposed by a regulator, such as the FCA, rather than solely by private contract.
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