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The Gramm-Leach-Bliley Act (GLBA), also known as the Gramm-Leach-Bliley Financial Services Modernization Act, enacted on November 12, 1999, states that compliance is mandatory, whether a financial institution discloses nonpublic information or not, and there must be a policy in place to protect the information from foreseeable threats in security and data integrity. GLBA regulates the sharing of personal information about individuals who obtain financial products or services from financial institutions. Docuzon provides a safe, secure delivery transport medium for customer compliance with GLBA regulations.
The Uniform Electronic Transactions Act (UETA) is a United States Uniform Act proposed by the National Conference of Commissioners on Uniform State Laws (NCCUSL). UETA has been adopted into the laws of practically every state. Its overarching purpose is to bring into line the differing state laws over such areas as retention of paper records, and the validity of electronic signatures, thereby supporting the validity of electronic contracts as a viable medium of agreement. The Docuzon certified document delivery service provides a secure transmission vehicle to electronically sign documents that satisfies UETA's requirements. Docuzon makes it possible for a document originator sending a document to receive a valid electronic signature from the signer that maintains the same validity and enforceability as manual signatures and paper-based transactions.
The Electronic Signatures in Global and National Commerce Act (E-SIGN) (Public Law 106-229) is a United States federal law passed by the U.S. Congress to facilitate the use of electronic records and signatures in interstate and foreign commerce by ensuring the validity and legal effect of contracts entered into electronically. This federal law establishes the guidelines for interstate commerce. The general intent of the E-SIGN Act is that a contract or signature “may not be denied legal effect, validity, or enforceability solely because it is in electronic form”. This simple statement provides that electronic signatures and records are just as good as their paper equivalent, and therefore subject to the same legal scrutiny of authenticity that applies to paper documents.
The Federal Acquisition Regulation (FAR) is a series of regulations issued by the Federal government of the United States that concern the requirements of contractors for selling to the government, the terms under which the government obtains ownership, title, and control of the goods or services purchased, and rules on specifications, payments and conduct and actions regarding solicitation of bids and payment of invoice 4.502 (a). The Federal Government shall use electronic commerce whenever practicable or cost-effective.
The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. HIPAA protects health insurance coverage for workers and their families when they change or lose their jobs. HIPAA also requires the establishment of national standards for electronic health care transactions and national identifiers for providers, health insurance plans, and employers. Docuzon takes the steps necessary to implement reasonable administrative safeguards within its own operations and qualified as a HIPAA “business associate”. The Docuzon Service incorporates the relevant required technical standards of HIPAA’s Security Rule
Sarbanes-Oxley
The Sarbanes-Oxley Act of 2002 (commonly called SOX or Sarbox) is a United States federal law passed in response to a number of major corporate and accounting scandals that resulted in a decline of public trust in accounting and reporting practices. Sarbanes-Oxley provides several provisions. The security measures, controls, reporting, and auditing provided with the Docuzon solution enable our customers to achieve compliance with Sarbanes-Oxley.
Compliance Resources
Benefits of Compliance
IT organizations and business unit managers
know the importance of maintaining their compliance with
regulations and standards. Benefits are many, including higher
productivity, more effective employees, and more competitive
organization. These are just a few of the benefits that are
reflected in bottom line profits.
Efficient business processes have become the basis for
developing robust compliance methodologies. As an organization
begins to implement a system requiring compliance the need for
well defined control development process becomes apparent. It is
the basis for understanding the importance of a business process
and the effort needed to manage the risks of a failed process.
Failure to comply with the law can have negative to extreme
detrimental effects on the organization, including dissatisfied
customers, poor public relations, loss of market share, and
costly fines.
Compliance Week
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Compliance & Regulation News
http://www.networkworld.com/topics/compliance.html
Business.gov, the official business link to the U.S.
government, allows users to easily find compliance information
from all major U.S. federal agencies regulating or serving small
businesses. Business.gov is managed by the U.S. Small
Business Administration in a partnership with 21 federal
agencies and is part of the President’s Management Agenda.
Benefits to Businesses
- Helps businesses find compliance information and
services by searching multiple government Web sites and
by organizing the information into industry and topic
categories.
- Reduces businesses’ time and effort by
consolidating compliance information onto one Web site and
offering a consistent way to find them.
- Minimizes business expenses in the form of time
savings or cost avoidance.
Features of Business.gov
- Over 20,000 compliance-related documents from 94
government Web sites.
- Relevant and official government resources.
- Quick and focused compliance search results.
- A comprehensive catalog of federal government forms.
- Directory of knowledgeable government contacts.
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