Staying Ahead of the Curve: 5 Compliance Officer Tips

Navigating the complex landscape of compliance officer responsibilities requires strategic acumen and a proactive approach.   As the regulatory landscape transforms rapidly, compliance officers equip their teams with the tools, strategies, and learning solutions necessary to navigate change successfully.  In the words of Richard Kusserow, CEO of Strategic Management Solutions, compliance officers are the subject matter experts who bear the responsibility and ownership of ongoing compliance ...

By |2025-04-28T02:24:51+00:00September 8th, 2023|Governance, Risk & Compliance: GRC|

APRA CPS 230: How to Drive Operational Resilience and Cyber Preparedness

CPS 230 is a new prudential standard released by the Australian Prudential Regulation Authority (APRA) that aims to enhance operational resilience in the financial services sector. The standard covers a wide range of operational risks, including internal and external fraud, cybersecurity, business disruptions, and regulatory noncompliance. Organizations that are subject to CPS 230 will need to demonstrate accountability, have a robust risk management process, ensure effective ...

By |2025-04-11T12:39:33+00:00September 6th, 2023|Governance, Risk & Compliance: GRC|

5 Things to Know About Payer-Provider Financial Equity and Auditing

Payer-provider relationships have long been marked by tension and challenges. As payers hold the purse strings, providers often find themselves constrained by rules that influence their ability to secure timely payments.   Providers are now grappling with rising compliance costs and administrative burdens. For example, an alarming 78 percent of providers, according to the American Hospital Association, believe their payer relationships are deteriorating. Moreover, the burden of compliance is ...

By |2025-04-28T02:25:43+00:00September 5th, 2023|Governance, Risk & Compliance: GRC, Healthcare GRC|

Key Insights from the HIPAA Journal’s 2023 Report: Challenges and Solutions

Maintaining the privacy and security of patient information is of utmost importance in the healthcare industry, especially when addressing HIPAA compliance challenges.  Below, we explore key statistics from The HIPAA Journal’s State of HIPAA May 2023 report, shedding light on HIPAA compliance and the challenges healthcare entities face in protecting patient privacy.  The OCR: Enforcement, Challenges, and Settlements   In recent years, the HHS Office for Civil Rights ...

By |2025-04-28T02:25:40+00:00September 5th, 2023|Governance, Risk & Compliance: GRC|

CSRD: Driving Environmental Accountability and Social Resilience

The Corporate Sustainability Reporting Directive (CSRD) aims to enhance sustainability disclosure requirements, beginning with large companies in the European Union (EU) market. It introduces more extensive and ambitious reporting requirements compared to its predecessor, the Non-Financial Reporting Directive (NFRD).  CSRD differs from the Global Reporting Initiative (GRI) in its approach, instead emphasizing transparency in policies, procedures, and measures. This shift ensures organizations demonstrate real actions rather ...

By |2025-04-28T02:25:38+00:00August 30th, 2023|Governance, Risk & Compliance: GRC|

A Guide to Preparing for the UK Corporate Governance Reforms

Download   With the overall goal being to improve transparency and accountability, technology plays a pivotal role in simplifying the challenges around risk and control management, audit and assurance policy disclosures, and your statutory annual resilience statement. To understand more, read our e-book where we discuss: An introduction to the UK Corporate Governance Code A breakdown of key changes The role of technology in corporate ...

By |2025-05-06T18:43:52+00:00August 24th, 2023|Governance, Risk & Compliance: GRC, Internal Controls|

A Guide to Preparing for the UK Corporate Governance Reforms

For the first time in half a decade, the UK Corporate Governance Code is undergoing a significant transformation. The Code will provide extensive shifts in the responsibilities and obligations of larger organisations in the UK, leading to standards of good practice through emphasis on robust risk management. Perhaps the most significant proposed changes to the Code affect the parts covering audit, risk, and internal controls. ...

By |2025-05-06T18:41:42+00:00August 24th, 2023|Governance, Risk & Compliance: GRC, Internal Controls|

Watch Integrating Internal Controls and Compliance Programs

In today’s complex and ever-changing business landscape, organizations face a multitude of challenges that demand effective management and oversight when it comes to internal controls. Among these challenges, governance, risk, and compliance (GRC) emerge as essential pillars to ensure the stability, resilience, and ethical conduct of a firm. The importance of GRC therefore cannot be overstated, as it encompasses the systematic management of governance frameworks, ...