Legal Compliance refers to the process of ensuring that an individual, business, or organization adheres to laws, regulations, and industry standards relevant to its operations. It involves understanding legal requirements, implementing policies and procedures, and taking necessary actions to avoid legal risks, penalties, or lawsuits.
Compliance covers various areas, including corporate governance, labor laws, environmental regulations, data protection, and financial reporting. Maintaining legal compliance helps organizations operate ethically, build trust, and mitigate legal and financial liabilities.