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A grace period is a period immediately after the deadline for an obligation during which a late fee, or other action that would have been taken as a result of failing to meet the deadline, is waived provided that the obligation is satisfied during the grace period. In other words, it is a length of time during which rules or penalties are ...
Compliance refers to adhering with the mandated boundaries (laws and regulations) and voluntary boundaries (company's policies, procedures, etc.). [ 9 ] [ 10 ] GRC is a discipline that aims to synchronize information and activity across governance, and compliance in order to operate more efficiently, enable effective information sharing, more ...
These risks range from non-compliance with various regulations, to the leakage of intellectual property, and to inappropriate or offensive employee behavior. Active Policy Management enables a business to accurately detect the violations, to take the appropriate action (even blocking the message from being sent), and to quickly find and review ...
Key takeaways. If your insurer offers a grace period to drivers who purchase a new car, the coverage on your existing car insurance policy may extend to your new vehicle for seven to 30 days ...
In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Compliance has traditionally been explained by reference to deterrence theory , according to which punishing a behavior will decrease the violations both by the wrongdoer (specific deterrence) and by others (general deterrence).
Legal compliance is the process or procedure to ensure that an organization follows relevant laws, regulations and business rules. [5] The definition of legal compliance, especially in the context of corporate legal departments, has recently been expanded to include understanding and adhering to ethical codes within entire professions, as well.
From January 2008 to September 2008, if you bought shares in companies when Bridget A. Macaskill joined the board, and sold them when she left, you would have a -81.4 percent return on your investment, compared to a -13.0 percent return from the S&P 500.
Policy-based management [1] [2] [3] is a technology that can simplify the complex task of managing networks and distributed systems.Under this paradigm, an administrator can manage different aspects of a network or distributed system in a flexible and simplified manner by deploying a set of policies that govern its behaviour.