APY = (1 + r/n)n â 1 where r is the quoted annual interest rate and n is the number of times the interest is compounded per year. Of course, it will be much easier to skip the manual calculation and simply use the APY Calculator on this page.
Regulatory compliance is an organization's adherence to laws, regulations, guidelines and specifications relevant to its business. Violations of regulatory compliance regulations often result in legal punishment, including federal fines. Download this free guide.
Regulatory enforcement is the other primary role filled by regulatory agencies. Agencies have a responsibility to monitor businesses to ensure they are complying with regulations. Agencies vary on how they perform their enforcement responsibilities, but we can take a look at a generalized process: