Definition:
International compliance refers to the adherence to legal and regulatory frameworks across multiple countries or jurisdictions.

Contextual Explanation:
Businesses operating in global markets must comply with diverse regulatory standards, such as the Financial Action Task Force (FATF) recommendations and local AML laws.

Why It Matters:
Non-compliance in international operations can lead to market restrictions, financial penalties, and operational shutdowns.

Example:
A fintech company expanding into Europe must comply with GDPR data privacy regulations while also meeting U.S. AML requirements.