The Federal Reserve, FDIC, and OCC have recently released interagency guidance on managing risks associated with third-party relationships. The proposed guidance offers a framework based on sound risk management principles and…
Today’s dynamic and distributed business environment often creates challenges in managing governance, risk, and compliance (GRC). Document-centric and siloed information and processes are reactive…
Part 1 of this series debunked some common misconceptions about GRC program development and maturity. We explored why it’s important to establish a management…
Getting stakeholder agreement on a coordinated approach to governance, risk, and compliance (GRC) management is no easy task. Budget, buy-in, departmental silos, and existing…
Governance, risk, and compliance management is not a new concept. Whether organizations call it GRC, integrated risk management (IRM), enterprise risk management (ERM), or…