Document background
The Legislative Compliance Policy serves as a foundational document for organizations operating in India to establish and maintain compliance with the country's complex regulatory landscape. This policy is essential for organizations seeking to systematically manage their legal and regulatory obligations under Indian law. It provides a structured approach to compliance management, including risk assessment, monitoring procedures, reporting mechanisms, and clear allocation of responsibilities. The policy should be implemented when an organization needs to formalize its compliance procedures or update existing ones to reflect changes in Indian legislation. It typically includes comprehensive coverage of various regulatory areas such as corporate law, labor regulations, environmental requirements, and sector-specific obligations.
