Asia-Pacific

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A new renaissance in risk management blog

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Why is GRC important? blog

I have been blogging about what GRC is, advocating the definition developed by the Open Compliance and Ethics Group, OCEG (see this and subsequent posts). But, I haven’t really talked about why the concept of GRC has value.

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Australasian Compliance Institute Non-Profit Interest Group or NGO
APEC Privacy Framework (2005) resource International Materials OCEG Reviewed
The APEC (Asia-Pacific Economic Cooperation) Privacy Framework is a practical policy approach to enable accountability in the flow of data while preventing impediments to trade. It provides technical assistance to those APEC economies that have not addressed privacy from a regulatory or policy perspective.
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Asia-Pacific Region at the Privacy Crossroads (2008) resource International Materials OCEG Reviewed
Many Asia-Pacific countries are members of regional groupings and are unlikely to develop privacy regulation without consideration of global and regional standards. Smaller countries in particular are careful to align their domestic regulations with regional and international developments. The protection of privacy in the region is not uniform, although some clear trends are emerging. This section summarises the general approach being taken in each country (full details appear in Appendix 1 – National Laws).
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Privacy Guide - Asia and the Pacific (2007) resource International Materials OCEG Reviewed
Given the disparate nature of economies and cultures in Asia and the Pacific islands it is unsurprising that there's wide range of legislation (or lack of legislation) and practice compared to Europe.
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Can Australian retailers ensure ethical trade standards from Chinese manufacturers? (2007) resource Articles OCEG Reviewed
Retailers and their suppliers sourcing from China and other Asian countries are now expected to show a high level of corporate social responsibility and prove that their supply chain functions in an ethical manner.
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