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.
Definition of compliance. 1a : the act or process of complying to a desire, demand, proposal, or regimen or to coercion Patient compliance in completing the treatment regimens was excellent. â Georgia A. Chrousosb : conformity in fulfilling official requirements His actions were in compliance with state law.