Project Summary: Discussion: Implications of Risk Management Regulatory compliance is the term used to describe how well an organization follows required laws and regulations set forth by local, state, and federal governments. When these laws and regulations are not adhered to, it usually results in legal consequences for the organization that can be very costly. Human Resources plays a key role in helping to ensure that organizations manage and abide by these regulations. Following these requirements is integral to the integrity of every organization and can also help organizations to be better poised to achieve their organizational goals.