Regulatory compliance is becoming a demanding requirement for businesses today. May require significant financial, human and time resources and take the business away from its main purpose.
Administrative regulations strictly condition market entry and constrain the way business operates. Very often may not be seen as business-friendly and may include significant repressive penalties.
A regulatory vocabulary represents a significant obstacle and may cause disputes in interpretations. In such a way, the interpretations may be wrongly utilised, and not in the interests of the business.
Certification of compliance, performed by an independent and objective certification body, assures an organisation of its compliance with a regulation. It interprets the regulatory requirements into the applied organisational measures and helps an organisation to properly answer the regulatory questions. It removes risks related to interpretations and simplifies the regulatory inspections.
Regulatory certifications:
