What is Compliance?

Compliance ovlaštenik - naslov

In Croatian language it is translated as „compliance". As Rotsch noted, the question is „in accordance with what?“ or more concretely, „to be in compliance with the law“. That is exactly how one can define the constituent parts of the term.

"Despite the widespread use of the „Compliance“ concept, there is no definition that covers all „Compliance“ phenomena. As a means of Corporate Governance, which provides a framework for compliance with the management and supervision of economic operations, Compliance is defined in the Deutsche Corporate Governance Code (DCGK) as „compliance with the legislative provisions and economic guidelines by the administration.”

„Compliance is defined in the Deutsche Corporate Governance Code (DCGK) as “compliance with the legislative provisions and economic guidelines by the administration.”
I am Fully Compliant.
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