To avoid fines and penalties, businesses should: - Ensure Compliance: Adhere to all relevant laws and regulations. - Regular Audits: Conduct regular internal and external audits to identify and rectify potential compliance issues. - Training and Education: Provide ongoing training for employees on compliance and ethical standards. - Robust Policies: Develop and implement robust policies and procedures to prevent violations. - Consult Legal Advisors: Regularly consult with legal advisors to stay updated on changes in laws and regulations.