Compliance refers to the adherence and conformity to laws, regulations, policies, standards, and ethical guidelines that apply to a specific industry, organization, or profession. It involves ensuring that individuals and entities act in accordance with legal requirements and ethical principles to prevent violations, mitigate risks, and maintain integrity.

Example
ABC Company, a multinational corporation, places great emphasis on compliance with laws and regulations in all aspects of its operations. The HR department plays a key role in ensuring compliance with employment-related laws and regulations to protect the rights and well-being of its employees.