Regulatory, ethics & conduct compliance · Core

Guideline

Also called: guidance

ELI5

Recommended practice that may allow discretion unless incorporated into a mandatory rule.

Used in conversation

“Can we state who receives the right created by guideline, and when it applies?”

Pitch context

You will see “Guideline” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches regulatory, ethics & conduct compliance.

Why it matters: In regulatory, ethics & conduct compliance, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Connected terms

Sources & evidence · 3

Direct term-level sources and supporting source families.