Define: Compliance Check

How is Compliance Check defined in a legal contract?

• Compliance Check means a review by an intermediary entity to verify that all necessary documents have been correctly implemented, all accounts are correctly opened, and all actions adhere to local law and [appendix] agreements. Seen in 6 SEC filings
• Compliance Check means an [organization] or local authority involving an individual under twenty-one [number] years of age to enter a retail location to try the purchase of cigarettes, tobacco products, or nicotine products to guarantee compliance with [clause] of [clause] 44. Seen in 4 SEC filings
• Compliance Check means an inspection process carried out by an individual or organization. Seen in 3 SEC filings
• Compliance Check means a youth officer will enter a tobacco retailer’s place of business and attempt to purchase tobacco products. “Site” means the premises of licensed and non-licensed tobacco retailers. Seen in 3 SEC filings
• Compliance Check means an evaluation of a PIC or PIP, in whole or any part, process or aspect thereof, to determine whether activities that involve the processing of personal data are carried out in accordance with the standards mandated by the Data Privacy Act and other issuances of the Commission. It is an examination, which includes Privacy Sweeps, Document Submissions and On-Site Visits. It is intended to determine whether a PIC or PIP is able to demonstrate organizational commitment, program controls and review mechanisms intended to assure privacy and personal data protection in data processing systems. Seen in 1 SEC filing

Please note definition which includes the word ""law enforcement agency"" has been ignored as per the rules.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Compliance Check means assessing conformance with necessary documents, accounts, and legal requirements within a business's operations.

Relevant Contract Types

• Service Level Agreements
• Asset Purchase Agreements
• Partnership Agreements

Relevant Circumstances

• Establishment of new business contracts
• Review of existing business operations
• Verification of legal and regulatory compliance

Relevant Sectors

• Banking and Finance
• Information Technology
• Manufacturing

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Genie Definition 2

• Compliance Check means initiating an examination process at a retailer's premises to assure adherence to product purchase regulations.

Relevant Contract Types

• Retail Agreements
• Vendor Agreements

Relevant Circumstances

• Age verification checks for restricted products
• Quality control procedures

Relevant Sectors

• Retail
• Consumer Goods

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Genie Definition 3

• Compliance Check means evaluating the data privacy and protection mechanisms in place as mandated by regulatory bodies in an organization's data processing systems.

Relevant Contract Types

• Data Processing Agreements
• Software License Agreements

Relevant Circumstances

• Implementation of new data privacy standards
• Regular data protection compliance evaluations

Relevant Sectors

• Technology Services
• Healthcare
• Education

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