Compliance Framework | Meaning and Definition

What is compliance framework?

A compliance framework meaning is a set of organized principles that outlines an organization’s procedures for adhering to specified standards, specifications, or legislation. It explains the regulatory compliance requirements that apply to the firm, as well as the business procedures and internal controls in place to ensure that these standards are met.

Communication methods, risk controls, and governance practices can all be part of a compliance framework.

Compliance frameworks are used by businesses to increase security, improve business processes, and achieve other goals, such as selling cloud goods and services to government agencies. A compliance framework establishes a uniform vocabulary that employees across the board may utilize to promote more secure and efficient company operations.