Today, compliance is not only a “good to have” feature, but an absolute necessity.
MOST of the time, when we talk about regulators, the first few things that come to mind would be authority, policy and probably punishment.
Many would say regulators strike fear in them especially when the audit season is around the corner. After all, there is simply no such thing as a perfect organisation and so long as humans run organisations, there will be lapses during business operations.
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