Compliance programs are structured plans that organizations implement to ensure they follow laws, regulations, and internal policies. These programs help prevent illegal activities, such as fraud or corruption, by establishing clear guidelines and procedures for employees to follow. They often include training, monitoring, and reporting mechanisms to promote ethical behavior within the organization. A well-designed compliance program typically includes a designated compliance officer, regular audits, and a system for addressing violations. By fostering a culture of compliance, organizations can reduce risks, protect their reputation, and maintain trust with stakeholders, including customers, employees, and regulators like the Securities and Exchange Commission.