Risk and compliance
Simon Whitburn explores the current Legal GRC landscape and reveals how failing to plan for legal GRC could increase risk levels for your organisation
Governance risk and compliance (GRC) is a vital cog in the machine of any successful business today. Its rise can be attributed to the mid-Noughties when several accounting scandals at various organisations – including Enron, Worldcom, and Tyco – led to the introduction of the Sarbanes-Oxley (SOX) Act in the United States. Launched to protect investors from fraudulent accounting activities, SOX required businesses to provide more comprehensive financial disclosures . . .
