Frequently Asked Questions – Compliance Reporting

  1. What is Compliance Reporting?
    Compliance Reporting relates to the material compliance reports prepared by a company for their products, to declare conformance (or non-conformance) to the requirements, guidelines, laws & regulations set by various industry organizations & government agencies. The report is based on a consolidation of information on material composition received from suppliers, as well as information on materials added during the manufacturing process. The Compliance Report forms the basis on which a Company can issue a Certificate of Compliance for any regulation such as RoHS, REACH or Prop 65.
  2. What happens if I don’t have good regulatory compliance reports?

    Regulatory compliance reporting is very important to document your compliance to regulations and protect your business from serious issues. Some of the key reasons you should have a good reporting system are:

    • Protect consumers and society at large from any harmful consequences
    • Avoid penalties that arise, if they are not compliant with the rules and regulations
    • Products may get revoked from the market or the company may face lawsuits, if the product is non-compliant
    • Protect brand name and reputation, from failure to comply with regulations
    • Avoid loss of customers and lack of access to global markets
      • What regulations need compliance reporting?

        Every major regulation needs a report at the product level. Examples of some of the regulatory compliance laws and regulations needing reporting are the Conflict Minerals Regulation that calls for annual reporting to the SEC, EU ELV, IMDS, RoHS, REACH, WEEE, CA Proposition 65, TSCA and so on.

      • How can I create a Compliance Report?

        Each regulation calls for reports that are unique to the regulation and require certain steps to be taken to establish due diligence. The key step is to assess the material content of the products you sell, which requires you to collect information from your supply chain on the contents in the parts they supply you. Apart from that, for each regulation, there may be exceptions or safe harbor levels based on which each product should be assessed to determine if the product can be reported as compliant. Our compliance reporting services make regulatory reporting simple, easy & helps our clients to keep themselves compliant to the regulations by meeting their requirements & expectations.

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