Type approvals are given to products that meet certain technical, safety, and regulatory requirements. Also known as certificates of conformity, type approvals are mandatory before a product is released into the market. Electric and telecommunications equipment type approval is granted after passing through electrical testing laboratories to meet federal requirements and approvals. Regulatory compliance is achieved in the following four ways.
- Keep Up With Regulatory Changes
Equipment type approval companies should stay on top of any regulatory changes made by the government or regulatory bodies. Compliance officers track Information on these changes to ensure they are updated with the current regulations and standards. Using the correct automated tools when monitoring compliance is ideal for continuous assessment and assurance.
- Understand The Importance of Compliance
Employees should be aware of the main regulations and the need for compliance. Companies can offer training and explain the protocols to be followed, the importance of these standards, and their effect on employees’ day-to-day work. They should also understand the consequences of non-compliance.
- Label a Compliance Officer
While each employee understands their role in compliance, a designated person should handle equipment type approval issues. This compliance champion monitors the company’s compliance, look out for updates and keep the rest of the team informed.
- Bridge Security and Legal Teams
Non-compliance can bring dire consequences, the compliance officer must work with legal professionals to evaluate policies and mitigate risks and occurrences. Having a legal team helps the company to take compliance issues more seriously.
