The global financial crisis and its after effects continue to send shockwaves throughout the corporate world. The primary focus for most companies is now on their stability and very survival as the Governance, Risk and Compliance (GRC) landscape is being transformed around the world.

Business and IT Managers, Regulatory and Rating Agencies, Auditors, and Private Equity are required to move swiftly to navigate in the current financial environment. This can best be accomplished thru comprehensive and overall understanding how GRC can be instrumental to plot the right course of action.

From Risk aversion to Risk awareness

Building on the success of the previous Copenhagen Compliance Conferences the GRC event on the 24th November 2008, will be one of the year’s most important high-level gatherings of European corporate world– at a time when the world financial system and its key intermediaries are undergoing historic changes.

Please read the special invitation and the brochure for further inspiration.

The US Investor Protection (SOX) Act, and several other GRC mandates are currently in force. They couldn't prevent this collapse of investor trust in most of the companies and financial institutions. Through enhanced disclosure requirements and the painstaking risk and controls efforts to achieve SOX and Basel certification were apparently insufficient. What do the politicians now have in store for listed and other companies in the form of additional GRC mandates is the billion dollar question.

Technological innovations and international collaboration drives today’s business environment to adapt to these changes at a high pace. Hence, entire industries, their prevailing business models and their players compete on flexibility and speed to implement these strategic changes from business cultural down to the process level. Today’s organisations are in a constant mode of adaption and reengineering. One fundamental concept that integrates the different organisational layers and synchronises the change among them is the widely known method Service Oriented Architecture (SOA).

Incidents occur daily that threaten to impact the smooth running of any organisation. Regardless of their cause or severity, management often has no warning and little direct control over them. Yet their significance to the organization can be managed, if people have anticipated and prepared for them appropriately. A senior executive has a responsibility to reduce the likelihood of such incidents and to minimize the impact should they occur. This duty of care is to all stakeholders; staff, shareholders, customers, suppliers and the community.

Business Continuity provides a method in which that duty of care and corporate social responsibility can be addressed and delivered in a practical and effective manner.

There are only 4 weeks for The Copenhagen Compliance Conference 2008. There is much excitement and buzz surrounding the current Credit and Financial crisis. Governance, Risk and Compliance mandates and issues, the EU directives that together form the platform of ‘EuroSox’ and the entire field of IT issues. All of these subjects will be the focus of the conference. Therefore we are gearing up for an incredibly thought provoking and successful conference.

Børsen online lancerede i slutningen af september en ny ”invester” del på Borsen.dk. Investor vil erstatte det tidligere menupunkt Finans. Et af de nye tiltag er en debatfunktion, der giver brugerne mulighed for at debattere en aktie, en artikel eller starte en generel debat.

Børsen har indgået et samarbejde med Kersi F. Porbunderwalla som med en jævnlig frekvens (ca. 2 gange månedligt) skriver indlæg til sin egen VIP blog på Borsen.dk.

Kersi’s blog vil reflektere over Governance, Risk og Compliance (GRC) forhold. Se den første blog her.

ATP's adm. direktør Lars Rohde er blandt talerne på Copenhagen Compliance konferencen. Hans indlæg vil naturligvis berøre den aktuelle finanskrise. Derudover vil Hr. Rohde fokusere på, at virksomhederne, når det kommer til de interne styringsprocesser, i høj grad fremstår som "black box's" for deres stakeholderes. Det gælder også inverstorsiden. De seneste års fokus på governance har hjulpet en del. Men ganske meget udestår.

"Hvis der er noget, som finanskrisen for alvor har lært os, så er det nødvendigheden af som både virksomhed og investor at have styr på sine risici og være i stand til at tænke det utænkelige", siger ATP chef Lars Rohde. Han er blandt de 16 Danske- og udenlandske talere, som spænder fra GRC udvikleren over forskeren til eksperten.