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His point was clear: technical compliance alone was not sufficient.
"And we recently formed a technical compliance unit," Mr. Babbar said.
"The situation in Flint has taught us that technical compliance may not be enough," she said.
S.E.C. officials said Edison had not violated generally accepted accounting principles and was "in technical compliance" with them.
"Putting aside the issue of technical compliance or noncompliance, it's clear that the agreement is not in our national interest".
And even those that are in technical compliance with the law have in most cases found ways to skirt its intent, the investigators said.
Similar(16)
The areas of improvement go well beyond technical statutory compliance.
It can include technical or compliance assistance, issuing notices of violation or formal administrative or judicial enforcement actions.
The method uses Technical, Economic, Compliance and Commercial perspectives to identify long-term challenges and opportunities for the asset.
This study involves dialogue with all stakeholders involved in regulation — including technical experts, compliance officers, and regulators themselves — to understand the impacts of standards on the resilience of the power grid and develop recommendations for their improvement.
Looking into the use of platforms would also help companies navigate the technical and compliance challenges that come with adoption.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com