Legal and Regulatory Compliance
Legal and Regulatory Compliance is the organization's ability and commitment to abide by laws, regulations, and standards specific to its operations and activities, thus ensuring acceptable governance practices, robust risk management, and maintaining accountability to stakeholders.
Level 1: Emerging
At an emerging level, you are beginning to grasp the importance of legal and regulatory compliance in governance, acquiring basic knowledge, and starting to apply these concepts in a controlled environment.
Level 2: Proficient
At a proficient level, you are able to accurately interpret and apply legal and regulatory requirements within the governance framework, ensuring compliance across all relevant areas of the organization.
Level 3: Advanced
At an advanced level, you are able to interpret and apply complex legal and regulatory requirements to ensure comprehensive compliance within governance frameworks, demonstrating exceptional understanding and expertise.