compliance burden

Compliance burden, also called regulatory burden, is the administrative cost of a regulation in terms of dollars, time and complexity.

A compliance burden can refer to the specific processes, budgets and manpower the organization initiates in order to meet requirements as well as the potential legal punishment and monetary fines for violating a compliance regulation.

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Download: Top FAQs regarding the impact of 4 common compliance regulations

IT operations are sometimes unexpectedly affected by major audit regulations – is your IT team prepared? Explore the critical role your IT team plays in ensuring compliance and review the penalties for non-compliance by downloading this FREE e-guide, which covers any questions you might have regarding 4 major legislative regulations.

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As the number of regulatory requirements grows and reporting requirements become more complex, the compliance burden will continue to be of utmost concern for organizations -- especially those organizations that deal with commerce, healthcare and research data.