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Regulatory Compliance
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Competitive Advantage Through Regulatory Compliance
If you are among those managers who feel that the increasing number of regulatory compliance mandates have interrupted your life, it is time that you think again. The heading of this article may seem a little out of place but if you are willing to open your mind and participate in the debate than you could very well end up agreeing that regulatory compliance can create a competitive edge.
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Corporate Governance Elements Of Sarbanes Oxley
Sarbanes Oxley Law, more commonly known as SOX, is a popular legal tool to ensure that the right measures of corporate governance are infused in the business operations to avoid any corporate scams or misreporting. In fact, the area governed by this act is much larger and diverse, yet the eventual aim is to curtail any illegal activity in the business sphere by tightening the grip of law on the overall operations, especially the financial proceedings.
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The Fair Debt Collection Practices Act
Collection agencies - being the target of one can be an unpleasant experience. Nevertheless, that unpleasant experience should never extend so far that you are being harassed, lied to, or having your privacy invaded. The Fair Debt Collection Practices Act, or FDCPA, is a law was designed to protect you from unfair and illegal practices by collection agencies and outlines the rules a collection agency must follow while attempting to collect debts. Here are some of the ways in which the Fair Debt Practices Act protects you:
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Regulatory Compliance and The Mis-Use of Law
To protect the public from what might be called run-away capitalism, the United States Government has set up regulatory bodies to curb corporate crime. Unfortunately nearly every law they make they make not to protect the American People but rather to protect one corporation, industry or business group against another. How so you ask?
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Business Case Study; What Causes Over-regulation?
Have you ever considered what causes the government to make more laws and rules which impact business? Most of these rules and regulations cost the consumer more money because it costs money to companies to follow access rules and they pass these costs on to the consumer.
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Hovercraft Regulations
Find information about hovercraft regulations, operation, and insurance from Hovercraft Central. The things you don't know could hurt you.
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Electronic Medical Billing Software and Service Compliance With Pre-Payment And Post-Payment Audits
Mistaken payments add up to an estimated $200 billion, exceeding 10% of national healthcare costs. A payment scrutiny program to avoid mistaken payments can be as successful a profit-building strategy for insurance companies as raising premiums or adding members. However, avoiding mistaken payments is hard because of the volume of claims, the disparate and disconnected sources of relevant information, the resource-intensive manual processes needed to identify and investigate recovery opportunities, and regulatory requirements for timely payments. A full-scale implementation of payment scrutiny strategy requires sophisticated processes to handle prepayment claim review and post-payment audits and uses advanced fraud detection technology similar to those used in credit card fraud detection.
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Lawyers Need More Rules and Regulations
I am of the opinion and many who study the legal industry or know from first hand knowledge that most lawyers are crooks. To prevent the lawyers and attorneys from ripping off the American people, corporations and government monies, which impact consumers, taxpayers and employees we must monitor or the legal profession more closely.
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Know the Consumer Protection Regulations
No matter how big or small your business is, you need to be aware of certain consumer protection laws when you deal with the general public. The Federal Trade Commission regulates all sales of merchandise or services to consumers.
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A New Regulation that Erin Brockovich Can Appreciate
In January of this year, the EPA introduced a new rule to the National Primary Drinking Water Regulations, the Long Term 2 Enhanced Surface Water Treatment Rule. It was developed to improve the quality of drinking water and to reduce the number of illnesses caused by microorganisms that may be present in drinking water.
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Over Regulation in Every Industry Except Law?
How do we citizens in the United States of America know that we are over regulated? Well it is pretty obvious when the rest of the world starts laughing at us. But it is even more obvious if you consider all the overregulation in the US on business, in every single industry except one. Lawyers.
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