There is an adage that “the only thing that is constant, is change.” This saying couldn’t be more applicable to the regulatory environment. Risks, both positive and negative, are affecting organizational objectives, business models, and operations. Moreover, new, untraditional competitors, disruptive technologies, and topics, such as data privacy, are raising questions in the minds of stakeholders whether risk is being adequately managed.
Download this whitepaper today to explore how regulatory change can be made simple through GRC software.
The General Data Protection Regulation (GDPR) was drafted to give citizens control over their personal information. That’s great news for individuals, but businesses will need to re-evaluate their privacy procedures and adjust how they request and manage consent.
Face the GDPR’s requirements correctly, and you’ll win new customer trust and loyalty. Go into 2018 unprepared though, and you could be in for large fines and other unwelcome consequences. Now Fieldfisher, in association with DocuSign, offers guidance to prepare you for this unprecedented legislation.
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Companies are held responsible for their own integrity and ethics, but also for acts of their third parties. Suppliers, distributors, re-sellers and other third parties pose significant integrity and compliance risks that need to be managed by every company to avoid significant fines and reputational damage.
The Red Flag Group focuses on helping companies select and manage the best third parties, ensuring that they positively contribute to your reputation and business operations by conducting their business in a legal and ethical manner. It’s about selecting the right partner that will comply with the terms of their contracts and the laws of the land throughout the life of your engagement.
We cover 23 Risk areas divided over 4 Risk categories:
1. Anti-trust and Corruption
2. Employment, Safety and Reputation
3. Cyber Security and Business Stability
4. Environment and Governance