Regulatory Compliance
What does regulatory compliance mean?
Regulatory compliance refers to the act of businesses and organizations following laws, regulations, and guidelines set by governmental or industry authorities. It ensures operations align with legal standards, particularly in areas such as data privacy, financial accountability, health and safety, and accessibility.
How does regulatory compliance work?
Organizations meet regulatory compliance by implementing internal policies, controls, and procedures that address the requirements of applicable laws. This may include:
- Performing regular compliance audits and risk assessments
- Documenting procedures to prove adherence
- Training staff on relevant legal obligations
- Using tools (like consent managers or accessibility widgets) to automate parts of compliance
- Appointing compliance officers or data protection officers (DPOs)
FAQs about regulatory compliance
Not exactly. Security protects systems and data; compliance means meeting legal and regulatory obligations, though both often overlap.
This depends on the organization’s size, but often includes legal teams, compliance officers, or DPOs.
Platforms like Clym offer tools for managing consent, legal documents, DSARs, and more to support regulatory compliance.
Yes. For instance, GDPR applies in the EU, while CCPA applies in California, and each has different requirements.
- GDPR (EU)
- CCPA/CPRA (California)
- PIPEDA (Canada)
- HIPAA (USA healthcare sector)