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.
Regulations are enforced usually by a regulatory agency formed or mandated to carry out the purpose or provisions of a legislation. Also called regulatory requirement. When starting a new business you must know every rule and regulation ahead of time so that everything is up to code.