Corporate Liability
Sarbanes-Oxley - Mandates corporations submit to standard forms of reporting in many areas including how it disposes of waste and or addresses its various liabilities.
CERCLA - The Comprehensive Environmental Response, Compensation, and Liability Act -- otherwise known as CERCLA (pronounced SIR-kla) or Superfund - provides a Federal "Superfund" to clean up uncontrolled or abandoned hazardous-waste sites as well as accidents, spills, and other emergency releases of pollutants and contaminants into the environment. Through CERCLA, EPA was given power to seek out those parties responsible for any release and assure their cooperation in the cleanup. EPA cleans up orphan sites when potentially responsible parties cannot be identified or located, or when they fail to act. Through various enforcement tools, EPA obtains private party cleanup through orders, consent decrees, and other small party settlements. EPA also recovers costs from financially viable individuals and companies once a response action has been completed.
SARA - The Superfund Amendments and Reauthorization Act (SARA) of 1986 reauthorized CERCLA to continue cleanup activities around the country. Several site-specific amendments, definitions clarifications, and technical requirements were added to the legislation, including additional enforcement authorities. Title III of SARA also authorized the Emergency Planning and Community Right-to-Know Act (EPCRA).
CERCLA - The Comprehensive Environmental Response, Compensation, and Liability Act -- otherwise known as CERCLA (pronounced SIR-kla) or Superfund - provides a Federal "Superfund" to clean up uncontrolled or abandoned hazardous-waste sites as well as accidents, spills, and other emergency releases of pollutants and contaminants into the environment. Through CERCLA, EPA was given power to seek out those parties responsible for any release and assure their cooperation in the cleanup. EPA cleans up orphan sites when potentially responsible parties cannot be identified or located, or when they fail to act. Through various enforcement tools, EPA obtains private party cleanup through orders, consent decrees, and other small party settlements. EPA also recovers costs from financially viable individuals and companies once a response action has been completed.
SARA - The Superfund Amendments and Reauthorization Act (SARA) of 1986 reauthorized CERCLA to continue cleanup activities around the country. Several site-specific amendments, definitions clarifications, and technical requirements were added to the legislation, including additional enforcement authorities. Title III of SARA also authorized the Emergency Planning and Community Right-to-Know Act (EPCRA).
RCRA - Resource Conservation and Recovery Act makes individuals jointly and severely responsible for the same claim as the corporation.
HIPAA - HIPAA seeks to establish standardized mechanisms for electronic data interchange (EDI), security, and confidentiality of all healthcare-related data. The Act mandates: standardized formats for all patient health, administrative, and financial data; unique identifiers (ID numbers) for each healthcare entity, including individuals, employers, health plans and health care providers; and security mechanisms to ensure confidentiality and data integrity for any information that identifies an individual.
Graham, Leach & Bliley - GLBA compliance regulations include the Financial Privacy Rule and the Safeguards Rule, which help protects customer data security and privacy, including threats from pretexting. GLBA compliance among banks and insurance companies is mandatory. Penalties range from jail terms to individuals to accumulating fines up to $27,500.00 per day to corporations.
HIPAA - HIPAA seeks to establish standardized mechanisms for electronic data interchange (EDI), security, and confidentiality of all healthcare-related data. The Act mandates: standardized formats for all patient health, administrative, and financial data; unique identifiers (ID numbers) for each healthcare entity, including individuals, employers, health plans and health care providers; and security mechanisms to ensure confidentiality and data integrity for any information that identifies an individual.
Graham, Leach & Bliley - GLBA compliance regulations include the Financial Privacy Rule and the Safeguards Rule, which help protects customer data security and privacy, including threats from pretexting. GLBA compliance among banks and insurance companies is mandatory. Penalties range from jail terms to individuals to accumulating fines up to $27,500.00 per day to corporations.