compliance system
[/kəmˈplaɪəns ˈsɪstəm/]
nounpl: compliance systems
sistema de conformidade
1. A structured set of policies, procedures, and controls implemented by an organization to ensure adherence to laws, regulations, and internal standards
The bank installed a new compliance system to meet regulatory requirements.
O banco implementou um novo sistema de conformidade para atender aos requisitos regulatórios.
2. A framework designed to monitor, document, and enforce organizational rules and legal obligations
Our compliance system includes regular audits and employee training programs.
Nosso sistema de conformidade inclui auditorias regulares e programas de treinamento de funcionários.
3. Integrated mechanisms and technologies used to manage risk and ensure regulatory adherence across an organization
The company's compliance system uses automated software to track transactions.
O sistema de conformidade da empresa usa software automatizado para rastrear transações.
In Brazil, compliance systems have become increasingly important since the implementation of the Lei Anticorrupção (Anti-Corruption Law) in 2013. Large multinational corporations and financial institutions heavily invest in compliance systems to meet both Brazilian regulations and international standards. In the USA, compliance systems are central to corporate governance, particularly in banking, healthcare, and pharmaceutical industries following major regulatory reforms.
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