explain this using case study of microsoft $.$ The importance of compliance risks should not be underestimated.

They are associated with adherence to the law of the country and

the regulations that apply to the sector in which you operate.

Compliance risk captures the legal and financial penalties for failing

to act or acting inappropriately and are especially significant for those

business sectors that are heavily regulated. Compliance with

mandatory requirements represents a $$licence to operate$$ and failure

to achieve the level of compliance required by the relevant regulator

will impact routine business activities