Which principle emphasizes compliance with laws and regulations?

The principle that emphasizes compliance with laws and regulations is professional behaviour. This principle requires individuals and organizations to adhere to relevant laws, regulations, and standards as well as to uphold public trust and the reputation of the profession. By demonstrating professional behaviour, individuals ensure their actions are ethical and in line with legal requirements, thereby maintaining accountability and demonstrating integrity to clients and the wider community.

The focus on professional behaviour underlines the importance of legal compliance in maintaining the integrity of business practices. This includes understanding the legal context of one’s actions and ensuring that all operations align with both legal expectations and ethical standards.

Other principles such as integrity, confidentiality, and objectivity, while equally important, focus on different aspects of professional conduct. Integrity relates to being honest and trustworthy, confidentiality pertains to safeguarding sensitive information, and objectivity emphasizes making decisions free from bias or conflict of interest. However, none of these principles specifically highlight the necessity of compliance with laws and regulations the way professional behaviour does.