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summarize in short form and then create three short bullet points: - The policy mandates the use of Corrective Action Plans (CAPs) to ensure the
summarize in short form and then create three short bullet points: - The policy mandates the use of Corrective Action Plans (CAPs) to ensure the company's continuous compliance with all applicable laws, regulations, standards, policies, procedures, and guidelines. - In case of non-compliance, the Compliance Committee can require a Company Department to submit a CAP, which includes a root cause analysis and a detailed action plan to prevent future incidents. The CAPs are approved by the Compliance Officer. - The results of the CAPs are reported to the Governing Body, CEO, and the Compliance Committee for review. The Compliance Committee may continue to monitor and audit until the effects of the CAP mitigation efforts are deemed sufficient
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