Management need to rethink risk and compliance to drive strategy, capabilities and performance.
Implementing the suitable Governance, Risk and Compliance (GRC) framework will enable organizations to identify the right approaches which contributes to process efficiency, improved risk management and internal controls.Our Services
Governance
Good governance is essential as the pressure for organizations to be transparent & accountable is greater than at any time. It is becoming clear that trust is key to all customers, stakeholders and citizens.
Demonstrating good governance involves creating the right framework of rules, policies, relationships, systems and processes, including mechanisms to hold an organization’s people to account. We help design a contemporary and effective governance framework and implement GRC framework & operating model to support you stay on course as you achieve your purpose and goals.
Risk Management
Risk management can be a strategic asset that drives business performance. By embedding management mechanisms that proactively identify, measure, priorities and manage risk, leaders can gain the valuable insight they need to make informed decisions.
We advise across the spectrum of risk management, offer managed services and consulting as well as risk culture and business continuity assessments.
Controls & Compliance
The enormous impact of recent ethical and compliance breaches on organizations serve as a clear reminder that organizations must be better prepared to keep up with the pace and scale of change in the regulatory and ethical compliance landscape, be confident of their compliance in a cost effective way, and be ready to take action when risks or incidents arise.
We offer a full range of integrated control and compliance capabilities across all sectors, as more and more organizations look to the alignment of their compliance activities, and their digital enablement.
Corporate governance and compliance are important for businesses because they help to :
- Minimize legal and reputational risks by ensuring compliance, ethical behavior, and accountability.
- Avoid costly legal battles, safeguard reputation, and maintain stakeholder confidence.
- Ensure that an organization’s board of directors meet regularly, retain control over the business and have clearly defined responsibilities.
- Ensure a robust risk management system.
- Enhance corporate performance and better economic results.
- Create transparent rules and controls, provide guidance to leadership, and align the interests of shareholders, directors, management, and employees.
- Build trust with investors, the community, and public officials.
- Provide investors and stakeholders with a clear idea of a company’s direction and business integrity.
Our Services :
- Assessment of the current Governance & Compliance practices
- Development of Governance & Compliance Function’s Operating Model
- Preparation and design of the BOD annual report.
- Designing the GRC Framework.
- Review the compliance with the disclosure requirements as per CMA Regulations.