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All about compliance - Compliances which drives you all
Abhishek Katiyar
Author:Abhishek Katiyar
MetricStream
What is Compliance?
Thursday 26th, June 2008
The word compliance is used to refer to industry-wide government regulations and rules that cite how data is managed and the need for organizations to be in compliance with those regulations.

Compliance has become a major concern for organizations and businesses, due largely in part to increasing regulatory requirements.

Some of the specific regulatory compliance issues organizations have to contend with are the

1. Sarbanes-Ox ley Act for all public corporations

2. Health Insurance Portability and Accountability Act (HIPAA) for corporations in the healthcare industry

3. SEC regulations for retention of all electronic correspondence with clients.

4. HR Compliance

5. Trade Compliance

6. Logistic Compliance

7. Environment Compliance

8. Food Safety Compliance

Source : ComplianceOnline

 
Comments
Comment 1: By Abhishek Katiyar on 27th Jun 2008
Thanks Manali, for sharing your view on the compliance, well there are other compliance areas, like HR Compliance, Corporate & ethics Compliance and Environment Compliance which are focused towards individuals.



Comment 2: By Manali Chabia on 27th Jun 2008
Following Compliance would be bit difficult but it has to be followed not only for the betterment of the company but also for the betterment of the individual so that they are able to discharge their duties and responsibilities properly.

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