All risk management articles – Page 3
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ArticleManaging contracts in an evolving regulatory world
Knowing how to properly manage risk across the company’s entire contract portfolio is a critical part of maintaining compliance with contractual agreements and ensuring that contracts remain current and in line with regulatory requirements in the United States and abroad.
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Article
For leading compliance programs, it’s all about technology
Leading compliance programs more often use technology tools than do their peers, according to the results of PwC’s annual State of Compliance study. These include data analysis tools, dashboards, continuous monitoring, data warehousing, data extraction tools, and a GRC solution.
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Emerging companies a compliance quandary in global market
How do you build an effective anti-corruption compliance program in emerging markets? Know their culture, customs, and language; then leverage that knowledge to create trust and on-the-ground adherents, advised panelists at the Compliance Week 2018 conference.
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Blog
New study shows low levels of comprehensive ERM
Formalized, comprehensive approaches to ERM are not terribly baked into corporate practices, according to a recent study by the accounting profession.
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The supply chain risks-rewards of 3D printing
What was once science fiction is fast becoming practical risk management, especially when it comes to 3D printing. Supply chain leaders should keep pace with technology.
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Companies grapple with guns
Gun bans and NRA boycotts may just be the start of new risk management strategies and corporate governance reforms. The true test of corporate mettle will come as the media furor dies down.
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Blog
PwC internal audit study centers on need for innovation
Technology and innovation should be a priority for internal auditors, in terms of both the risks it produces and how auditors use it to address risks.
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Article
Are U.K. businesses ready for PEPPOL?
A new pan-European standard for public procurement should alleviate a lot of financial administration, but only for those ready to comply with the standard’s new rules.
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Blog
ERM for ESG risks: Companies have new guidance to ponder
COSO is looking for feedback on draft guidance regarding how its ERM framework can be used to manage risks in environment, social, and governance areas.
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Blog
The role of risk management in compliance
As compliance evolves and corporate compliance programs become more sophisticated, compliance is seen not as simply a legal prophylactic, but as a business process, writes The Man From FCPA.
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Choosing an executive education program
As compliance officers increasingly turn to executive training to hone skills, learn topics in-depth, and network, what should they be looking for in a program before committing to one?
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More companies exiting third-party vendor relationships
An increasing number of companies expect to exit or change relationships with their third-party vendors due to heightened risk levels, finds a newly released vendor risk management benchmark report.
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Blog
Resolver acquires RiskVision
Resolver, a risk and incident-management software provider, finalized the acquisition of RiskVision, increasing its position in IT risk and compliance markets. As a result of the acquisition, Resolver will employ a team of over 225 security, risk, and compliance professionals.
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Blog
Fusion Risk Management expands presence in Europe
Fusion Risk Management, a provider of business continuity risk management software and services, announced the expansion of its European presence to keep pace with rapidly growing market demand and to support engagement among its burgeoning community of enterprise customers in Europe.
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Auditors offer ideas to help address cyber-readiness
In an era of inevitable cyber-hacks, what more can companies do to protect against and respond to a breach? Auditors are offering some attestation and reporting ideas.
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3M’s John Ostergren on supply chain, third-party risk management
Smart companies understand which risks to take on in the interest of growth and which ones must be shunned, says John Ostergren, director of environment, health and safety at 3M.
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How do your risk oversight processes stack up?
A pair of recently published reports draw a straight line between strong enterprise-wide risk management and strategic execution.
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Correspondent banking fades; de-risking gets the blame
In an ironic twist, regulation designed to protect the global financial system is forcing whole regions outside the regulated financial system, creating more risk for everyone.
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Uncontrolled text messaging exposes your company to massive risk
Texting isn’t just dangerous while driving; unless you archive your company’s SMS/text message traffic, you risk substantial legal, reputational, and regulatory risk.
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Evolving toward a modernized compliance program
The key to building a truly forward-facing compliance function is to make it proactive and predictive, visionary, and strategic. And none of that is particularly easy.