What should you do to ensure compliance with regulations?

Staying informed about laws is essential for ensuring compliance with regulations. It allows individuals and organizations to understand the legal landscape that governs their activities and the responsibilities they have under those laws. This awareness is crucial because laws can change, and being knowledgeable about these changes helps in making informed decisions and implementing necessary adjustments in procedures or practices.

When individuals make an effort to stay updated on relevant regulations, they are better equipped to recognize potential compliance issues before they arise. This proactive approach can prevent legal penalties and protect the organization’s reputation. Furthermore, it fosters a culture of accountability and integrity within the workplace.

The other choices do not provide as reliable a strategy for compliance. Personal best practices may not align with current laws and regulations, relying solely on colleagues' advice could lead to misinformation, and ignoring company policies would undoubtedly contribute to non-compliance. Thus, actively keeping abreast of laws is the most effective way to ensure adherence to regulations.