The Compliance License allows you to manage the state of your network with respect to many government and industry compliance-related standards such as PCI DSS, SOX, HIPAA, etc. Right now, compliance is only available on LMS 4.2, the license for which is included with PI 1.2.
If you install only a pure PI 1.2 setup, you will not have access to compliance features. PI 2.0 will include the full compliance functions. Reference.
If you don't have he compliance license, you will only be able to use the majority of the compliance tools (in an LMS installation) for a trial period of 90 days.
Cisco also has a a PI 1.2 ordering and licensing guide that explains in some more detail: link.
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Cisco DNA Center version 2.2.2.x includes the features and improvements that
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Cisco 3850: IOS-XE/Firmware Upgrade
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IOS-XE Bundle Mode is not covered.
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