Governance, Risk & Compliance: GRC

Your one-stop hub for strategic frameworks and best practices that integrate governance, risk management, and compliance into daily operations. Explore insights and real‑world examples that turn complex mandates into clear, resilient programs.

Your Introduction to FCA Business Resilience

The Financial Conduct Authority (FCA) defines resilience as “the ability of firms, financial market infrastructures and the financial sector as a whole to prevent, adapt and respond to, and recover and learn from operational disruption”. Ensuring the business resilience of the financial sector is crucial for consumers, firms and the broader financial markets. Significant business disruptions and the unavailability of important business services have the ...

Lessons Learned: Ongoing Monitoring vs. Ongoing Auditing

What's the difference between monitoring and auditing a healthcare compliance program? The Office of Inspector General (OIG) at the U.S. Department of Health and Human Services (DHHS), in their various compliance guidance documents, calls for ongoing monitoring and ongoing auditing of healthcare programs and operations, including that of the Compliance Office. However, the OIG provides little information that differentiates between these two ongoing efforts. And ...

By |2022-07-05T17:22:18+00:00July 5th, 2022|Compliance|

OSHA’s Focus on Lockout Tagout Prompts Shift to Digitization

When it comes to workplace health and safety, one of OSHA's topmost-cited standards is the Control of Hazardous Energy, commonly known as Lockout Tagout (LOTO). The U.S. Department of Labor reported over 1,800 citations between October 2020 and September 2021, amounting to over $12 million in penalties in breach of LOTO standards. With the increase in enforcement and the dangerous safety issues these violations pose, ...