From a compliance and risk management perspective, conflicts of interest (COI) disclosure require both prompt and clear disclosure, along with documented evidence of appropriate action taken by HR/Compliance once the disclosure has been made. Failure to do so can create significant damage to your company’s reputation, even if no inappropriate conduct occurs, along with substantial penalties for non-compliance.
Saline Pond Multi-Layer Liner System - Case Study
Gas operation benefits from the conversion of a single-liner system to a double-liner with leak detection monitoring Extensive gas operations near the North Saskatchewan River in Fort Saskatchewan, Alberta, are understandably closely regulated. To help the client remain well above compliance requirements and expand their leak detection capabilities, Nilex implemented the consultant’s designs and worked cooperatively with the other site trades to ensure quality installation. Challenge Pond liner products,...
A New Year and a New, Evolving Approach to Compliance
First and foremost, welcome to the New Year! I know a lot of things have been changing in this old world we live in, but NERC Compliance is here to stay, and that’s what I want to talk about. So in the spirit of the New Year, I’m making some resolutions about NERC compliance. Here they are! Do something to make Evidence Management less difficult and confusing This is something that simply has to change. I don’t think there is a company on planet Earth whose staff have memorized each and...
Compliance Trends in 2017: what to expect, how to prepare
Looking back on 2016, it was without doubt a year of political upheaval and increased scrutiny on the environmental, social and human rights implications of government regulations, corporate practices and consumer habits. In 2017, these changes will fuel additional compliance considerations for corporate supply chains around the world. While the future is anything but certain, our regulatory experts have taken some of the guess work out of helping your compliance team plan for a successful 2017. The following...
Petition for Waiver of 2016 cellulosic biofuel volumetric requirements
On December 28, 2016, the American Fuel & Petrochemical Manufacturers (AFPM) submitted a petition requesting that EPA waive the cellulosic biofuel volumetric requirements for the 2016 compliance year citing an inadequate domestic supply of the fuel. Based on the amount of cellulosic fuel produced through November, AFPM estimated that between 173.8 and 190 million gallons will be produced in 2016, which is approximately 40 to 60 million gallons below the 230 million gallon target set by EPA in December 2015....
Top 10 Compliance Storylines from 2016
For the compliance sector, 2016 was a critical year. It was a year in which regional government bodies around the globe took on greater responsibility as gatekeepers of environmental and human rights standards in the corporate sector. It was also the year of the investor, where corporate decision makers became more concerned with transparency and accountability in supply chains. Finally, 2016 was most certainly a year in which consumer awareness and subsequent purchasing choices signaled a growing unwillingness...