GRC Coverage

Governance, Risk and Compliance (GRC) covers your whole control environment including statutory laws, regulatory rules, client contracts, employee code of conduct, vendor management and internal management policies.

• • Corporate Codes

  • Required for companies depending on their exchange(s) of listing and can cover board management, control, shareholder reporting and internal constitution.

  • Sarbanes-Oxley

  • Combined code

  • Codex

  • Principles of Corporate Governance

• • Regulatory

  • Financial regulation refers specifically to government or non-government supervision of financial services organizations.

  • FINRA

  • SEC

  • FSA

  • SFC

  • CSSF

• • Statutory

  • Statutory laws are formal legislation enacted by a government. Some statutory law applies specifically to financial services organizations while others apply regardless of business type.

  • Dodd-Frank

  • FCPA

  • FATCA

  • Bribery Act

Contractual Obligations & Service Level Agreements

Companies are bound by the agreements they enter into and should monitor that all parties to an agreement meet their contractual obligations on an on-going basis.

• Clients

  monitor compliance with clauses in client contracts, addendums and service level agreements to minimize the risk of breaching contractual obligations and improve client service

• Suppliers

  ensure suppliers are operating in compliance with contracts, addendums and service level agreements; identify and fix issues as they arise

• Employees

  remind employees of their contractual obligations regarding confidentiality, data, employment practices and regulations including insider trading, bribery and corruption

• Intra-group

  confirm that group entities are complying with contracts and service level agreements entered within the group