What is one of the main goals of compliance regulations?

One of the main goals of compliance regulations is to ensure the protection of stakeholders and the public. Compliance regulations are established to uphold legal standards, ethical practices, and safety measures that safeguard individuals and groups affected by an organization's operations. This focus helps to maintain the trust of customers, employees, investors, and the community at large, which is essential for a stable and responsible business environment. By prioritizing stakeholder protection, compliance regulations contribute to social responsibility and help organizations avoid legal repercussions that could arise from non-compliance. This approach ensures that businesses operate fairly and transparently while being accountable for their actions.