Renewable Energy Systems
24/10/2024Comprehensive Health, Safety, and Environmental Management
24/10/2024Comprehensive Governance, Risk, and Compliance Management
£4,000.00
Overview:
Governance, Risk, and Compliance (GRC) have become essential functions for organizations aiming to achieve regulatory compliance, manage enterprise risks, and ensure sound corporate governance. This comprehensive training program is designed to provide participants with a deep understanding of GRC frameworks, tools, and best practices. The course focuses on aligning governance structures, identifying and mitigating risks, and maintaining compliance with ever-changing regulations. Through real-world case studies, practical exercises, and interactive discussions, participants will be equipped to build and maintain an effective GRC strategy for their organizations.
Program Objectives:
By the end of this course, participants will be able to:
- Implement GRC frameworks that align with organizational objectives and regulatory requirements.
- Develop risk management strategies that reduce organizational exposure and improve decision-making.
- Understand global regulatory compliance trends and their impact on business operations.
- Utilize risk assessment tools and methodologies to evaluate and mitigate organizational risks.
- Establish governance structures that support transparency, accountability, and ethical behavior.
- Integrate GRC functions across the organization to enhance operational efficiency and compliance.
Target Audience:
- Governance and risk management professionals.
- Compliance officers and regulatory advisors.
- Internal auditors and financial controllers.
- Corporate executives responsible for governance and ethics.
- Legal and corporate affairs managers.
- Professionals involved in enterprise risk management (ERM) and GRC implementation.
Program Outline:
Day 1: Governance and Ethical Leadership
- Understanding corporate governance: Principles, frameworks, and codes of conduct.
- The role of the board of directors and executive leadership in governance.
- Ethical decision-making: Balancing corporate goals with ethical responsibilities.
- Corporate governance structures and their impact on stakeholder relations.
- Best practices in governance and oversight to ensure accountability and transparency.
- Case studies: Examining governance failures and their consequences.
Day 2: Enterprise Risk Management (ERM) Frameworks
- Introduction to risk management: Defining risk in an organizational context.
- Overview of popular ERM frameworks (COSO, ISO 31000).
- The risk management process: Identification, assessment, response, and monitoring.
- Creating a risk-aware culture: Building awareness across departments.
- Tools and techniques for risk analysis: Heat maps, risk matrices, and scenario planning.
- Case study: Implementing ERM in a multinational corporation.
Day 3: Regulatory Compliance Management
- Global regulatory landscape: Key trends, laws, and regulations impacting businesses.
- Building an effective compliance management system (CMS).
- Regulatory risk: Identifying and managing compliance risks across jurisdictions.
- Key compliance areas: Anti-money laundering (AML), anti-corruption (FCPA), data protection (GDPR).
- Monitoring compliance performance: Internal audits, investigations, and reporting.
- Case study: How organizations navigate complex regulatory environments.
Day 4: Risk and Compliance Integration
- Aligning risk management with compliance functions for seamless operations.
- Developing policies and procedures to address emerging risks and compliance challenges.
- Managing third-party risks: Vendor and supply chain compliance.
- Compliance automation: Leveraging technology to streamline compliance processes.
- Integrating GRC into organizational strategy: Creating a holistic approach to risk and compliance management.
- Workshop: Building a GRC integration plan for your organization.
Day 5: Crisis Management and Regulatory Investigations
- Preparing for crisis: Creating crisis management frameworks for business continuity.
- Investigating compliance breaches and regulatory violations.
- Managing regulatory audits and investigations: Best practices for responding to inquiries.
- Communicating with regulators: Managing relationships and maintaining transparency.
- Learning from failures: Case studies of major compliance breaches and regulatory actions.
- Developing post-crisis recovery plans: Ensuring long-term stability and compliance.