Електронний багатомовний

термінологічний словник

Electronic Multilingual Terminological Dictionary


Accounting and Auditing

Compliance framework

A compliance framework is a structured set of guidelines to aggregate, harmonize, and integrate all the compliance requirements that apply to your organization.

In practice, a compliance framework lets you collect documents, policy manuals, procedure descriptions, mission statements, regulatory mandates, and control documentation and meld those into one cohesive whole. A compliance framework brings order to the ceaseless stream of regulatory mandates that rain down on a large organization so that when something new comes along, you have a method for integrating that new requirement into your existing approach to compliance. Compliance frameworks are usually tailored to a specific issue. For example, you might follow one framework to guide your anti-graft compliance, another to guide your data privacy compliance, and a third to guide anti-discrimination compliance. Your compliance program would use those frameworks to measure its progress on all three issues [Shamsuddin, p.15].
A compliance framework is a structured set of guidelines that details an organization's processes for maintaining accordance with established regulations, specifications, or legislation [TechTarget].

Sources:

What is a compliance framework? TechTarget. Retrieved from: https://www.techtarget.com/searchcio/definition/compliance-framework?amp=1

Shamsuddin, Z. (2021). The Certified Governance, Risk Management, and Compliance Specialist. United States: Gafm Academy.

Part of speech Noun
Countable/uncountable Countable
Type Abstract
Gender Neutral
Case Nominative