Thank you for your interest in the 13 Ways to Conquer the Current Banking Crisis through GRC Technology whitepaper Download Organizations need effective tools and systems that support and reinforce a culture of compliance and ethical decision-making. This is where Governance, Risk, Compliance (GRC) software and Ethics & Compliance (E&C) Learning solutions come into play. Click here to schedule a virtual coffee with one of ...
Can Governance, Risk, and Compliance (GRC) technology help banks build an ethical culture and combat the global Banking crisis? Last summer, a wave of panic took over the global banking sector. Many factors were at play, from Europe’s negative interest rates to Asia’s rapid digital transformation. Taken together, these factors shape a broader, globally interconnected banking narrative. One worth paying close attention to. As highlighted ...
The increased emphasis on the necessity of strong compliance programs in organizations has become more prominent than ever before, particularly in the realm of preventing fraud and corruption. Effective compliance programs—no longer optional—are a fundamental aspect of corporate governance. Organizations are now expected to integrate these programs deeply into their cultural fabric, ensuring they are equipped to prevent and address fraud and corruption actively. Organizations ...
The Two-Midnight Rule is a Medicare policy determining when inpatient admissions are appropriate for payment under Medicare Part A. This rule is crucial for hospitals, physicians, and healthcare administrators to understand, as it significantly impacts hospital payment and beneficiary cost-sharing. Understanding and complying with the Two-Midnight Rule is essential for healthcare providers to ensure appropriate Medicare billing and to avoid potential financial penalties. Specific actions are needed, ...
Whether in cooperation with sales, purchasing and employees or in the implementation of laws and guidelines – compliance faces extensive challenges and all too often has to move mountains in day-to-day operations. "Do it!" is therefore the motto of the 11th Bundeskongress Compliance in Berlin on 14 & 15 November 2023. Over the course of two days, participants will join experienced experts in discussions about ...
The United Kingdom (UK) boasts one of the globe's most expansive and dynamic economies, rendering it an alluring destination for international enterprises. Yet, this very openness also exposes the UK to the peril of unscrupulous individuals exploiting the system through illicit activities like money laundering that drive international corruption, at scale. Fraud--the most common UK offense—amounts to 40 percent of offenses in England and Wales. As reported by the BBC, the UK loses ...
Latest capability added to SAI360 automates Emissions Management as businesses look to demonstrate greater and sustainable environmental performance management.
Conflict of interest (COI) is a serious issue that can have a significant impact on organizations of all sizes and industries. A COI occurs when an individual or organization has a personal or financial interest that could influence their judgment or decision-making. This can lead to biased decisions, decreased productivity, and even legal liability. COIs—which involve situations where an individual or company has a common ...
To successfully meet their compliance objective, Chief Information Officers (CIOs) must implement a risk-adjusted information technology (IT) governance policy framework. Having good IT risk mandates in place enables you to better understand what your enterprise policies need to look like, and why. If done effectively and efficiently, having an appropriate framework in place in the right way safeguards your organization from risk and helps you ...
This article is part two of a two-part series. Read part one about the impact of regulations and rule changes here. When it comes to European chemical rules, complying with regulations can bring benefits to manufacturers. Protecting public health and the environment is an important consideration for stakeholders. By demonstrating their products are safe and environmentally friendly, manufacturers can enhance their reputation and gain a ...
