16 - Compliance Review

A formal Compliance Review should be conducted by a competent professional to ensure compliance with all statutory safety requirements, governmental standards, directives, local codes and requirements for licenses, inspections, etc.  A formal, systematic Compliance Review Procedure has a positive impact on liability quality.  Larger firms have full-time Compliance Officers.

What do we look for?

Exposures

  • No Compliance Review procedure.
  • Compliance Review is not formalized.
  • Compliance Review is not comprehensive.
  • Inadequate follow-up of Compliance Review findings.

Controls

  • Formal Compliance Review procedure.
  • Compliance Review is comprehensive and implemented.
  • Prompt and adequate follow-up of findings.

  • To improve overall liability prevention you should establish a formal and comprehensive Compliance Review Procedure.

  • To obtain a beneficial return on the resources allocated to complete your Compliance Reviews and to further reduce the risk of liability losses, you should as a matter of policy require a formal follow-up of the Compliance Review findings/recommendations within thirty (30) days of the Review.

Useful Resources
Standards

  • OSHA Recordkeeping 29cfr 1910.1904 & 1952

  • National Fire Protection Association (U.S.)

  • DEPARTMENT Of Transportation (U.S.)

  • European Directive

  • UK Standard