Creating a Corporate Compliance ProgramSeptember 2012 – Articles BioProcess International
Regulatory compliance is an evolving concept that must be flexible enough to adapt to both a company's unique business climate and to changing regulatory circumstances. Although standard operating procedures (SOPs) are a compliance tool and can and should be strongly recommended, they cannot become the end of a process. Compliance is not a set of standards or procedures that sit on a shelf until something goes wrong. Instead, compliance requires thought in creating a code of conduct and in setting up a process to allow for internal complaints and to test a company's rate of success or failure. Anything less is doomed and — in a worst-case scenario — will encourage fraud and severely affect a company's reputation and financial bottom line.