Corporate compliance plan Essay Example | Topics and Well Written Essays - 500 words

Corporate compliance plan - Essay Example iodic review and risk assessment of company processes, performances, regulations and policies; the recommendation of necessary changes as determined by such risk assessment; the development of internal audit procedures to be used in the risk assessment, and; the formation and composition of the teams that will be tasked to conduct such periodic risk assessments. Riordan Manufacturing shall conduct business with customers in a transparent, professional, honest, fair, respectful and friendly manner. Relative to this, the company shall ensure that all its products have passed rigid quality control. Any valid complaint against the Company and its products shall be immediately acted upon and investigated. Restitution and compensation, if applicable and necessary, will be immediately effected. The Company accepts its liability for defective products without need for any court intervention. The Company shall ensure that its business conduct is within the bounds of all federal, state and local laws with regards to unfair competition and the tangible and intellectual property laws. It shall also defend vigorously its own rights under the same by going to court to enforce it if necessary. Riordan Manufacturing joins environmentalists in the promotion of a safe and livable earth. In this respect, it shall comply with and vigorously implements industry-wide standard regulations. It shall undertake monitoring activities and periodic risk assessments to ensure strict compliance with the same. In the event of any unforeseen accident in which Company activities have, in any way, caused damage to the environment, it shall voluntarily call the attention of appropriate government agencies and initiate corrective and cleaning up measures. The Company strictly enforces compliance with this CCP. Any employee found in violation of it shall be made subject to disciplinary actions. Any person who has knowledge of any violation of this CCP is obligated to report it to the CCO through a