Newsletter | Volume 1

Accountability in business can be a means to improve results
There is a constant pressure on management from all stakeholders to conduct business with accountability, integrity, ethics and transparency. The Governance components should comply with the various multijurisdictional compliance mandates that continue to derail successful business operations, so we can prevent and detect such conduct to better their bottom lines. In this essay, we focus on Accountability.
Accountability and Transparency are the two sides of the Governance coin
The road to achieving the transparency and accountability is paved with a long to-do list, including the implementation of systems, processes, controls, change management issues and implementation of an integrated IT tool, to be transparent and accountable.
Prosecuting Individuals for Accountability and Corporate Wrongdoing
Both in the EU and the USA, oversight authorities have significant issues in accepting that the corporate business community often views penalties from antitrust, competition law or corruption and bribery charges as a cost of doing business. The public needs to have confidence that there is a reasonable system of justice that applies to all, regardless of the crime being committed on a street corner or in a boardroom.
Reverse Governance to create accountability and reinforce Ethics, Integrity, and Transparency
Conventional wisdom dictates Good Governance improves corporate discipline. Poor governance, on the other hand, may deteriorate the company's fiscal position, cause damage to reputation and harm the stakeholder interests. Instead of simply adjusting your Governance bar and make fragmented changes to your Governance policies and procedures, go thru the process of reverse Governance every 3-5 years to avoid the volatility of fragmented Governance systems.

The New French Anti-Corruption Rules Signals Willingness to Combat Global Bribery and Corruption
France has been the target of significant criticism from the international community for perceived weak and infrequent bribery and corruption prosecutions resulting in a significant increase in acquittals, dismissals and case closures in recent years.
Is management or leadership better with a gender preference, equality or diversity?
In spite of several warnings, Norway went ahead and introduced minimum quota for gender representation for the board of directors for a stock listed/ traded companies. Now the Minister for Corporate and Business Affairs Monica Maeland recognises that the world's first Norwegian Quota Act has neither had sufficient impact on corporate results nor served its purpose.
Michael Oxley, the parent of Sarbanes-Oxley Act (SOX), is no longer with us
SOX certainly had a rough start with frustrations for governance and compliance officers due to the hype, misguided implementation and interpretation guidance from the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB).

IT-GRC is on the corporate 2016 agenda because big data, internet of things and cloud computing can create unsafe IT and cyber security breakdowns
A significant number of Information risks components are on the management agenda because cyber-attacks command management�s attention: Managing digital assets in a new socio-technology environment will explore how businesses assess and manage information risk because all organisations have sloppy employees.
Updating the 2016 IT, Data and Cyber Security Program
Copenhagen Compliance® has since 2005, continuously provided guidance on how organizations can implement a governance and risk-based approach to IT security issues, by making these issues visible, measurable and actionable. At the IT Security Day on 15th March 2016, we will demonstrate the Security Risk Management tools that support both advanced reporting capabilities and interconnectivity to ensure that remediation actions for IT breach, controls, and tests.

Invitation to the Compliance Day
24-25th February 2016 at DTU in Lyngby, Denmark
Invitation to the IT-Security Day
15th MArch 2016 at DTU in Lyngby, Denmark
Call for papers: The 10th annual European GRC Summit in 2016
Are you a GRC professional? Have you introduced an innovative GRC concept in your business that you would like to showcase your GRC thoughts with your peers? And is your research about current trends in GRC management? Then you are the right person to submit your work at the 8th annual GRC Summit.
Why should you attend the 10th annual GRC Summit in London
Resources are always limited. However, every business, relatively large or small, is expected to comply and capture the information needed to be responsive if/when the regulatory or oversight authorities knock on your door. We address the current intensity of regulation that is backed by greater and active enforcement. Participate in the conference for Governance, Risk Management, Compliance and IT-Security (GRC) updates.
How to avoid the general assessments that only focus on current and arbitrary GRC issues. Instead organise a GRC day that involves the entire organisation to achieve sustainable improvement
Conducting a couple of GRC annual days is a good way to cleaning up the mess that is collected 'under the bed'. We have so often experienced that countless organizations continue to struggle with the time-intensive requirements of managing GRC issues that are often a result of inefficient and frequently neglected monitoring and fixing the problems when they are manageable.