Public Utilities Reports

PUR Guide 2012 Fully Updated Version

Available NOW!
PUR Guide

This comprehensive self-study certification course is designed to teach the novice or pro everything they need to understand and succeed in every phase of the public utilities business.

Order Now

Penalty Predictability Enhanced

FERC modifies its enforcement guidelines.

Fortnightly Magazine - November 2010

to subtract from its base culpability score. A seven-item, § 1B2.1(b), effective compliance program checklist includes: established standards and procedures; program responsibility appropriate to the governing authority, high-level personnel, and specific individuals; exclusion of individuals engaging in violations from substantial authority personnel; periodic, practical communication of standards and procedures, including training programs; monitoring, auditing, evaluation of effectiveness, and a system to report or seek guidance on actual or potential violations; consistent program promotion and enforcement; and, after detection, steps to respond and prevent further similar violations. A program not meeting in some fashion all items on that checklist can receive partial credit. Revised policy statement, PP 115-19. Credits for other mitigation factors are available on an unbundled basis. Id., at PP 127-29, 140-45, 147-48, 150, 152, 154, 157-58, 191.

Pages