What Is Compliance, Why Needed to be Compliant?
Today the play ground for all market players are surrounded with laws and regulations, such as; Anti Money Laundering Regulations, Anti Bribing Regulations... As a result of this, all players are in an interaction with local and global laws and regulations, somehow.
Finally, the businesses have to be in harmony with those regulations.
Otherwise, the inharmonious companies are sentenced to serious sanctions.
This is the fact, and either your business has a multinational shareholder or not… either you do overseas business or not…