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OCEG Holds First European Executive Forum on Business Transformation Through GRC news

OCEG is pleased to announce it will be holding the first European Executive Forum addressing the value of GRC in driving business transformation. This event will take place on October 4-5th at Nyenrode Business Universiteit in the Netherlands.

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Council of Europe (COE) - Convention on Cybercrime, CETS No. 185 (GRECO, 2001, Rev. 2010) resource International Materials

Introduction: The new technologies challenge existing legal concepts. Information and communications flow more easily around the world. Borders are no longer boundaries to this flow. Criminals are increasingly located in places other than where their acts produce their effects. However, domestic laws are generally confined to a specific territory.

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GRC 360° Executive Forum: Principled Performance® - A Business Transformation Opportunity event ConferenceOCEG
Monday October 04, 2010 9:30am - Tuesday October 05, 2010 1:00pm
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In today’s world of expanding regulation and increased risk, a clear view of information is essential to strong governance and the achievement of global business objectives. By taking an integrated approach to Governance, Risk management and Compliance (GRC), successful companies are achieving enhanced business outcomes - what OCEG calls Principled Performance®.

There are many questions about an integrated approach to Governance, Risk Management, and Compliance:

  • How does GRC help us achieve our business goals?
  • How do we identify and control risks in the extended enterprise?
  • Who in the organization must be involved in GRC efforts?
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OECD Recommendation for Further Combating Bribery of Foreign Public Officials in International Business Transactions (November 2009, with 2010 Amendments) resource Agency Guidances

The Recommendation was adopted by the OECD in order to enhance the ability of the 38 States Parties to the Anti-Bribery Convention to prevent, detect and investigate allegations of foreign bribery and includes the Good Practice Guidance on Internal Controls, Ethics and Compliance.

Author: Working Group on Bribery in International Business Transactions

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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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EU, European Commission - Auditing Directives Home Page resource International Materials Member contributionOCEG Reviewed
An online collection of directives, amendments and texts of  EU Auditing Directives.
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EU, Directive 2006/43/EC, Statutory Audits of Annual Accounts and Consolidated Accounts (2006) resource International Materials Member contributionOCEG Reviewed
The statutory audit requires adequate knowledge of matters such as company law, fiscal law and social law. Such knowledge should be tested before a statutory auditor from another Member State can be approved. ... Statutory auditors should adhere to the highest ethical standards. They should therefore be subject to professional ethics, covering at least their public-interest function, their integrity and objectivity and their professional competence and due care. The public-interest function
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Main Stages in the Institutional Reform of the European Union resource International Materials Member contributionOCEG Reviewed
This website offers information on the latest developments of the European Union institutional reform. There are several stages which have been of particular significance: the Treaty of Nice (which came into force on 1 February 2003), the European Convention (which finished in July 2003), the Intergovernmental Conference (IGC) 2003/2004 (October 2003–June 2004) and the European Constitution (signed in October 2004).
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