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The term compliance is reports completed by companies to comply with laws and regulations set by government bodies. Compliance reports are reports which have a detailed analysis of a company’s compliances.
It is created by the company’s CCO (Chief Compliance Officer). COO of a company ensures that the company is complying with national and international regulations and assessing internal controls and processes that ensure rules are being followed. The objective of the compliance report is to make sure that process is accountable.
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