A chronological record of activities that provides documented evidence of the sequence of events and actions performed within a system or process.
The process of utilizing software and technology to streamline and automate compliance tasks such as monitoring, auditing, and reporting.
The ongoing process of observing, measuring, and assessing compliance activities and performance to ensure alignment with regulatory requirements and internal policies.
The formal documentation and communication of compliance status, activities, and outcomes to internal stakeholders, regulatory authorities, or other relevant parties.
The ongoing effort to maintain adherence to regulatory requirements and standards through proactive monitoring, assessment, and adjustment of compliance processes and controls.
A structured set of policies, procedures, and controls designed to manage risks and achieve compliance objectives within an organization.
An assessment technique used to compare current practices or systems against desired standards or regulatory requirements to identify areas of non-compliance or improvement.
Failure to meet the requirements or standards set forth by regulations, policies, or agreements, which may result in penalties, fines, or other consequences.
The systematic approach to creating, communicating, and enforcing organizational policies and procedures to ensure compliance with regulations and standards.
Adhering to laws, regulations, guidelines, and specifications relevant to a particular industry or jurisdiction.
The process of addressing and resolving identified compliance deficiencies or weaknesses through corrective actions, controls, or changes to policies and procedures.
The process of identifying, analyzing, and evaluating potential risks to an organization's operations, assets, or reputation, often used to determine compliance requirements.
