Cover your ass
Encyclopedia
Cover Your Ass or Cover Your Own Ass (CYOA) describes professional and organizational practices that serve to protect oneself from legal and administrative penalties, criticism, or other punitive measures.

Common practices

  • Banking - compliance officers who may know that certain financial transactions are dubious, i.e., that money laundering
    Money laundering
    Money laundering is the process of disguising illegal sources of money so that it looks like it came from legal sources. The methods by which money may be laundered are varied and can range in sophistication. Many regulatory and governmental authorities quote estimates each year for the amount...

     and terrorist financing
    Terrorist Financing
    Terrorist financing came into limelight after the events of terrorism on 9/11. The US passed the USA PATRIOT Act to, among other reasons, attempt thwarting the financing of terrorism and anti-money laundering making sure these were given some sort of adequate focus by US financial institutions...

     will inevitably occur regardless of the amount of regulatory structures put in place, but who comply with all the regulatory requirements
    Regulation
    Regulation is administrative legislation that constitutes or constrains rights and allocates responsibilities. It can be distinguished from primary legislation on the one hand and judge-made law on the other...

    , and thus absolve themselves from future liability.
  • Journalists - The term's use is also reasonably widespread among journalist
    Journalist
    A journalist collects and distributes news and other information. A journalist's work is referred to as journalism.A reporter is a type of journalist who researchs, writes, and reports on information to be presented in mass media, including print media , electronic media , and digital media A...

    s


As an example, just before the Space Shuttle Challenger disaster
Space Shuttle Challenger disaster
The Space Shuttle Challenger disaster occurred on January 28, 1986, when Space Shuttle Challenger broke apart 73 seconds into its flight, leading to the deaths of its seven crew members. The spacecraft disintegrated over the Atlantic Ocean, off the coast of central Florida at 11:38 am EST...

, the final launch approval by Morton Thiokol (the maker of the solid rocket booster
Space Shuttle Solid Rocket Booster
The Space Shuttle Solid Rocket Boosters were the pair of large solid rockets used by the United States' NASA Space Shuttle during the first two minutes of powered flight. Together they provided about 83% of liftoff thrust for the Space Shuttle. They were located on either side of the rusty or...

s used during the launch) contained the following warning: "Information on this page was prepared to support an oral presentation and cannot be considered complete without the oral discussion". This warning, which was present even though the information was sent by fax
Fax
Fax , sometimes called telecopying, is the telephonic transmission of scanned printed material , normally to a telephone number connected to a printer or other output device...

, has been labelled as a CYA notice.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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