Compliance standards

Compliance standards are guidelines and regulations that organizations must follow to ensure they operate legally and ethically. These standards help maintain safety, protect information, and ensure fairness in business practices. They cover various areas, such as financial reporting, data protection, health and safety, and environmental impact. Being compliant means adhering to these rules to avoid legal penalties, protect stakeholders, and promote trust among customers and the public. Essentially, compliance standards help organizations act responsibly and accountable in their operations.