Compliance
Corporate, Commercial and Contract Law
Compliance (uyum) is the term for the whole of the policies, controls and appointments aimed at ensuring that an institution carries out its activities in accordance with the legislation in force, regulatory decisions and its internal rules. Turkish law has no general statutory definition applicable to all companies. The most detailed regulation is in the field of combating money laundering and the financing of terrorism: Law No. 5549 and the Regulation on the Compliance Program impose on the listed obliged entities the obligation to establish a compliance program and appoint a compliance officer.
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