What is supervisory authority in SAP SAP-LEGAL - Global Field Legal?

SAP Term: supervisory authority

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: An authority with regulatory or other powers of supervision.

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• Key Concepts: 
  Supervisory authority is a term used in SAP-LEGAL Global Field Legal Compliance to refer to a government or other regulatory body that has the power to oversee and enforce compliance with laws and regulations. It is responsible for ensuring that companies comply with applicable laws and regulations, and can impose penalties for non-compliance.
  
  How to use it: 
  In SAP-LEGAL Global Field Legal Compliance, supervisory authorities are used to monitor and enforce compliance with applicable laws and regulations. Companies must ensure that they are compliant with all applicable laws and regulations, and must report any non-compliance to the relevant supervisory authority.
  
  Tips & Tricks: 
  It is important to be aware of the laws and regulations applicable to your company, as well as the relevant supervisory authorities. It is also important to ensure that your company is compliant with all applicable laws and regulations, and to report any non-compliance to the relevant supervisory authority.
  
  Related Information: 
  The European Data Protection Supervisor (EDPS) is an independent supervisory authority responsible for monitoring the processing of personal data by EU institutions, bodies, offices, and agencies. The EDPS also provides advice on data protection issues, and can investigate complaints about data protection violations.