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Regulatory compliance
Translation regulatory compliance into russian
regulatory compliance
Regulatory compliance is crucial for financial institutions.
Регуляторное соответствие имеет решающее значение для финансовых учреждений.
Definitions
Regulatory compliance refers to the adherence to laws, regulations, guidelines, and specifications relevant to an organization's business processes. It ensures that companies operate within the legal framework set by governmental and industry authorities, thereby minimizing risks and avoiding legal penalties.