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Corporate Compliance Plan: Riordan Manufacturing

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Submitted By boldty653
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Pages 9
Corporate Compliance Plan: Riordan Manufacturing
Law/531
Charles Cook
February 21, 2011
Corporate Compliance Plan: Riordan Manufacturing

Riordan Manufacturing Inc.(RM Inc.), established in 1991 by Dr. Riordan, developed quickly as a leader within Research and Development (R&D) and sales of plastic products. Clients, such as the Department of Defense, automotive segment manufacturers, multi-commerce transportation, and packaging plants. RM Inc. is competitive in multiple countries within the plastic mold industries. This positing within foreign customers leads the way for RM Inc. to expand across the boarders and develop further on many levels. To remain a respected leader within the multiple industries a strong corporate compliance plan is necessary.

Prevention and management guidelines

To ensure Riordan Manufacturing remains both ethical and on the right side of the law, preventative measures taken by all employees of RM, Inc. shall keep everyone accountable. Additionally, compliance with both federal and state regulations and foreign standards are imperative to follow. The focus of the compliance plan will demonstrate the commitment to compliance, along with laying down the required standards and the practices exceeding legal obligations. The company will adopt a proactive role in compliance issues to protect Riordan's interests, employees, environment, and the stakeholders. A compliance culture is likely to result in a higher level of compliance performance.

Areas of compliance are to include several watchdog organizations and protective measures. These governance include Whistleblower Protections, Section 402A of the Restatement (Third) of Torts; products liability, Sarbanes-Oxley Act of 2002. Additionally, following the various health and safety regulations, clean water legislation, disposal of waste and environmental, and data protection

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