Compliance Reporting System

A Compliance Reporting System is a framework used by organizations to ensure they follow laws, regulations, and internal policies. It involves collecting data, monitoring activities, and documenting adherence to legal standards. The system helps identify any non-compliance issues, allowing organizations to address them proactively. Reports generated from this system offer transparency and accountability, demonstrating to regulators and stakeholders that the organization operates ethically and legally. Essentially, it's a way for businesses to keep track of their compliance efforts and ensure they meet required standards consistently.