As the Sarbanes Oxley Act celebrates lucky birthday number 13 this summer, it’s tempting to hold the view that, by now, most public companies have – or should have – mastered the compliance process and achieved a level of stability in the costs and hours required. Unfortunately, this is not the case, largely because of…
Integration of multiple governance, risk and compliance (GRC) disciplines on a single platform is increasing, yet barriers to successful integration of the technology across numerous groups remain. Many organisations continue to use multiple GRC technologies to fulfill different departmental needs, and different platforms are used for IT GRC and enterprise GRC (eGRC). Within the eGRC space,…
The Bank of England Bill, the regulatory framework by which the UK Government will effectively ‘regulate the regulator’ is now being consulted upon and is expected to reach parliament in the autumn. According to a piece by FT Economics correspondent Ferdinando Guigliano (FT 15th September 2015 ), “In its present form, the law would allow the…
Sir Adrian Cadbury, best-known for pioneering good corporate governance in British companies through the 1992 Cadbury Report, died earlier this month. The report advocated a clear division of responsibilities between a Chair and CEO that is now universally used in UK-based companies today. However, he was clear that companies should comply with the code of best…
