Glossary entry

English term or phrase:

compliance system

English answer:

a set of tools to monitor, guide, and ensure compliance

Added to glossary by Fuad Yahya
Aug 16, 2001 21:10
22 yrs ago
3 viewers *
English term

Responses

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Selected

a set of tools to monitor, guide, and ensure compliance

A compliance system is a set of tools designed to monitor, guide, and, to some extent, ensure compliance with regulatory requirements. The phrase “compliance system” is often qualified by a restrictive term, as in the following examples:

http://www.epa.gov/enviro/html/water.html

"The Permit Compliance System (PCS) provides information on companies which have been issued permits to discharge waste water into rivers. You can review information on when a permit was issued and expires, how much the company is permitted to discharge, and the actual monitoring data showing what the company has discharged."


http://www.profilesinternational.com/products/escs.asp

"The Employment Selection and Compliance System is a business person's guide to the federal and state laws and regulations regarding employment. Without a guide such as this, employers can easily and unintentionally make hiring mistakes that could result in fines totaling tens of thousands of dollars, civil damages in the millions, and perhaps criminal penalties as well. This system has been designed to help employers obey the letter of the law and keep themselves in business and out of court."


http://www.eetimes.com/story/OEG20010323S0029

"SANTA CLARA, Calif. — The Virtual Socket Interface Alliance (VSIA) highlighted the progress of its online compliance system, which allows its virtual component (VC) members to create and view VSIA specification compliance reports for themselves and their customers, at the IP/SoC conference this week."


http://www.kedico.com/Personal Trading Compliance System.htm...

"Personal Trading Compliance System: The increasing government regulation of employee-trading ethics over the past few years has made the costs of compliance management rise dramatically. The Compliance Manager in a large financial firm in Massachusetts, recognized that automation of the process would significantly reduce the costs of managing personal trading compliance. We assisted the firm in meeting their objectives by designing and managing development of the Personal Trading Compliance System."


http://www.vertexinc.com/products40/salestax_41C.asp

"The SalesTax Compliance System provides your business with the efficiency, flexibility and compatibility needed to accurately calculate sales and use tax and prepare signature-ready returns."

Fuad
Reference:

See citations above

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24 mins

system of selfcontrol - freiwillige Selbstkontrolle

For Example: At the core of the xxx cororate ethic is the belief that we are company comprised of many different people and we expect all of our business partners to operate an the same principles. ...
xxx has a team of compliance managers conducting regular internatinal monitoring system....
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