Compliance has become a widely used topic within institutions and organisations. It has become unavoidable to senior managers, internal and external auditors, lawyers, consultants or members of a supervisory board to gain at least a minimum of understanding of compliance related topics.
This small guide focuses on a quick and comprehensive overview of relevant terms in the field of compliance and provides the reader with easy-to-understand explanations and practical examples. All terms and definitions are arranged in alphabetical order.
Most of the terms and definitions apply worldwide. If a term focuses on one country or region, the term is italicized and a footnote refers to the specific country or region.