Standard Practices In Regulatory Compliance
Keywords:Regulatory Compliance, ISO, IEC, Industry
Regulatory compliance is an organization's adherence to laws, regulations, guidelines and specifications relevant to its business. Violations of regulatory compliance regulations often result in legal punishment, including federal fines. The International Organization for Standardisation (ISO) produces international standards such as ISO/IEC_27002. The International Electrotechnical Commission (IEC) produces international standards in the electrotechnology area. Compliance is about more than prevention. It’s also about navigating opportunities. Regulatory compliance is not just about playing defence. It also offers an opportunity to consistently strengthen your organisation through strategic, proactive measures—such as best practices, employee training, internal controls, and benchmarking appropriate for your industry and size.