The word “compliance” comes from the English verb "to comply”, which means to act according to an order, a set of rules, or a request. In the corporate environment, compliance is related to compliance or even corporate integrity. In other words, it means being in line with the company's rules, which must be carefully observed and complied with.
However, these rules may vary according to the activities carried out by the company, they may involve labor, tax, regulatory, competition obligations, among others. Being in compliance with such rules is what the expression “being in compliance” is all about, which also refers to internal controls and corporate governance.