Legal compliance is the process or procedure to ensure that an organization follows relevant laws, regulations and business rules.
The role of legal compliance has also been expanded to include self-monitoring the non-governed behavior with industries and corporations that could lead to workplace indiscretions.
"[11] Legal completeness is a property that declares enterprise policies to cover all scenarios included or suggested by the law.
[13] According to this usage, a system or a contract is ‘obligationally’ complete if it specifies what each party is to do in every situation, even if this is not the optimal action to take under some circumstances.
The membership of the LGRC-CFI is made up of a group of [thought leaders] in the legal, business, IT, and RIM fields.
The LGRC Center for Innovation addresses legal governance, risk management, and compliance exclusively.
Through our research and services we help public organizations and societies realize their objectives by putting good governance into practice.
The association publishes the magazine ACC Docket and arranges one of the United States’ largest annual meetings for in-house attorneys.
[1] The ACC does not address LGRC exclusively, but can be credited with laying some foundations for corporations – the original practitioners of governance, risk management, and compliance – and legal departments to begin to work together on overarching issues of governance, risk management, and compliance.