The economic meltdown resulted from corporate malfeasance and a lack of transparency in the financial sector, and has produced a complete lack of trust in businesses. Organizations who want to restore that trust and improve business performance must therefore overhaul their corporate governance practices and procedures and ensure they are functioning accountably and transparently.

Corporate governance is frequently the gauge that defines the moral scope or veracity of an organization. The business media regularly reports conflicts of interest, inept non-executive directors, progressively active investors, insider trading, and at the extreme – corporate failure.

Our governance, risk, and compliance advice helps you focus on how to affiliate value, vision, strategy and internal controls, in addition to compliance with corporate governance requirements.

Our expertise in governance, risk and compliance is as follows:

Governance

You will benefit with assistance from us in the following areas:

• Analysis of board’s current governance system and culture
• Review of board capabilities, competencies, composition, policies and procedures
• Advice on disclosure obligations
• Due diligence for Merger & Acquisitions and Joint Ventures
• Identification of business environmental issues and risks including political, marketplace, supply chain, technology, and values

Typically, we work closely with the governing body to first evaluate the existing form of governance – and its advantages and disadvantages. We also help the governing body clearly outline what it sees to be its most appropriate function in the organization. We then assist the board with defining, among other things, the purpose of the board, the roles and functions of committees, ethical codes of conduct, and the assignment of authority to management.

Equipped with solid understanding of the board’s role, boards can then concentrate their energy on attaining the results they set themselves, leaving staff with a clear mandate to implement and execute what needs to be done. The outcome: improved communications and higher levels of performance.

Risk Management

Nowadays, risk management consulting services can’t be viewed as a simple matter of insurance protection. More often than not, your business processes, company resources, records of business operations, information systems, and local area networks are deliberately interrelated to achieve cost efficiencies. Whether your business is small, medium or large, when risk becomes reality, your damage will be minimized and recovery will be enhanced by an approach that addresses risk management consulting as an enterprise solution.

We help you manage and mitigate financial and operational risks arising across the business, including technology, treasury, commercial and legal risks. Typically we assist in:

• Creating or updating an effective risk governance structure and reporting framework
• Meeting regulatory requirements
• Meeting stakeholder and investor requirements and expectations
• Performing stress tests
• Providing relevant industry specific skills and experience.

Compliance

Compliance risk is a composite risk with specific emphasis on regulatory and reputational risk. In a continually-increasing complex regulatory environment, compliance risk management has become essential either due to statutory requirements or as a requirement of global best practices and corporate governance.

We help clients protect and enhance business value by identifying and managing regulatory compliance risk. We achieve this by working closely with clients to avoid civil and criminal sanctions, ensure successful business, customer and regulatory outcomes. Most importantly, we assist you in attaining your business goals!

Your organization will benefit with assistance from us in the following areas:

• Compliance Risk Management/advisory services
• Compliance documentation
• Compliance outsourcing
• Regulatory assistance
• Compliance audits
• Compliance training

Please contact us to see how we can help you implement the best practices of governance and high-performing boards, risk management and compliance.