As you begin to develop standardized ethics policies for ECG, it is important to fully understand the regulatory environment in which the organization operates. You should keep the following factors in mind:
- the industries served by ECG (now and potentially in the near future)
- its practice areas
- the detailed insider information to which consultants are exposed in client organizations regarding current and future activities
- the geographical markets covered
- the upcoming IPO
- the intended acquisition of Government Allies, Inc.
The industries served by the ECG group are information technology, transportation, health care and energy. ECG must comply with the directives of the US Department of Energy, FERC, Federal Regulation and Oversight of Energy Rules, The directives of the Federal Energy Regulatory Commission, The United States Nuclear Regulatory Commission and the local Departments of Energy. With regards to information technology there are laws related to the audit of information technology. These include the Health Insurance Portability and Accountability Act, the Foreign Corrupt Practices Act , the Gramm-Leach-Biley Act, The Sarbanes-Oxley Act (SOX), Title 21 of the Federal Regulations Part 11 (21 CFR Part 11), Federal Information Security Management Act (FISMA), USA Patriot Act and Federal Information Processing Standards (FIPS).
The regulatory environment of the health care industry in the US is regulated by laws like the Americans with Disabilities Act, Assisted Living Residences, Child Passenger Safety law, Clean Indoor Air Act, and Freedom of Information Law and Access to Department of Health Records. The practice areas of ECG group ...
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