Image for transparency requirements

transparency requirements

Transparency requirements refer to rules that mandate organizations—like businesses or government agencies—to openly share information about their operations, decisions, and financial dealings. The goal is to ensure that stakeholders, such as customers, employees, and the public, are well-informed and can trust the organization. By providing clear and accessible information, these requirements promote accountability, reduce corruption, and help individuals make informed choices. Essentially, transparency fosters trust and encourages responsible behavior within organizations.