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CAPS The Common Automotive Platform Standard Claims Analysis Report Wk. Ending 17/04/2021(Author Severn Thompson)Claim Definition (CAPS Analysis)Unique Claims A claim that is initiated and exchanged
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CAPS (Corrective Action Plans) will be available to provide guidance and structure for organizations needing to manage and rectify compliance issues.
Organizations and entities that have been identified as non-compliant with regulatory standards are required to file CAPS.
Filing CAPS involves completing a standardized form that details the corrective measures taken, timelines for implementation, and responsible personnel.
The purpose of CAPS is to ensure that organizations outline and execute plans to address compliance failures and prevent future incidents.
CAPS must include details such as the nature of the issue, corrective actions taken, implementation timelines, and follow-up evaluations.
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