Welcome to the Compliance Training
First of all, thank you for visiting our pages. We hope that
you will find useful information about compliance and compliance
We will start from the Sarbanes Oxley Act and the Basel ii Accord,
but be will cover also the training needs of the board of
directors and the risk committee of the board.
January 18, 2011
Memoranda - Regulatory Compliance
FOR THE HEADS OF EXECUTIVE DEPARTMENTS AND AGENCIES
SUBJECT: Regulatory Compliance
My Administration is committed to enhancing effectiveness
and efficiency in Government.
Pursuant to the Memorandum
on Transparency and Open Government, issued on January 21, 2009,
executive departments and agencies (agencies) have been working
steadily to promote accountability, encourage collaboration, and
provide information to Americans
about their Government's activities.
To that end,
much progress has been made toward strengthening our democracy
and improving how Government operates.
regulatory area, several agencies,
such as the Department of Labor and the Environmental Protection
Agency, have begun to post online (at ogesdw.dol.gov and
www.epa-echo.gov), and to make readily accessible to the public,
information concerning their
regulatory compliance and enforcement activities, such as
information with respect to administrative inspections,
examinations, reviews, warnings, citations, and revocations (but
excluding law enforcement or otherwise sensitive information
about ongoing enforcement actions).
Greater disclosure of regulatory
compliance information fosters fair and consistent
enforcement of important regulatory obligations.
Such disclosure is a critical step in
encouraging the public to hold the Government and regulated
promotes the welfare of Americans in many ways, by increasing
public safety, improving working conditions, and protecting the
air we breathe and the water we drink.
regulatory enforcement also levels the playing field among
regulated entities, ensuring that those that fail to comply with
the law do not have an unfair advantage over their law-abiding
disclosure of compliance and enforcement data will provide
Americans with information they need to make informed decisions.
Such disclosure can lead the Government to hold
itself more accountable, encouraging agencies to identify and
address enforcement gaps.
Accordingly, I direct the
agencies with broad regulatory
compliance and administrative enforcement responsibilities,
within 120 days of this memorandum, to the extent
feasible and permitted by law, shall
develop plans to make public information concerning their
regulatory compliance and enforcement activities accessible,
downloadable, and searchable online.
In so doing,
agencies should prioritize making accessible information that is
most useful to the general public and should consider the use of
new technologies to allow the public to have access to real-time
The independent agencies are encouraged to comply
with this directive.
the Federal Chief Information Officer
and the Chief Technology Officer shall work with
appropriate counterparts in each agency to make such data
available online in searchable form, including on centralized
platforms such as data.gov, in a manner that
facilitates easy access, encourages
cross-agency comparisons, and engages the public in new and
creative ways of using the information.
Federal Chief Information Officer and
the Chief Technology Officer, in coordination with the
Director of the Office of Management
and Budget (OMB) and their counterparts in each agency,
shall work to explore how best to generate and share enforcement
and compliance information across the Government, consistent
Such data sharing
can assist with agencies' risk-based approaches to enforcement:
A lack of compliance
in one area by a regulated entity may indicate a need for
examination and closer attention by another agency.
Efforts to share data across agencies, where appropriate and
permitted by law, may help to promote
flexible and coordinated enforcement regimes.
memorandum is not intended to, and does not, create any right or
benefit, substantive or procedural, enforceable at law or in
equity by any party against the United States, its departments,
agencies, or entities, its officers, employees, or agents, or
any other person.
Nothing in this memorandum shall be
construed to impair or otherwise affect the functions of the
Director of the Office of Management and Budget relating to
budgetary, administrative, or legislative proposals.
Director of OMB is authorized and directed to publish this
memorandum in the Federal Register.
It is important for everyone to
comply with environmental regulations in order to protect
the health of both humans and the natural resources that we all
Another reason to comply with environmental
regulations is to avoid potentially
costly penalties associated with non-compliance.
Environmental regulations may seem
confusing and daunting but having a proper understanding
of them and how your business affects the
actually allow you to save money and be more productive.
For example, best management practices (BMPs) will make
environmental compliance easier and less costly.
Pollution Prevention (P2) is
another way to increase compliance
while reducing costs.
It involves replacing toxic or hazardous products with environment
and employee friendly materials, equipment and process
modifications to reduce the generation of waste, and improved
operations and maintenance (including employee training).