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    Global 2000 Companies Face Increasing Regulatory Burdens and Complexity

    Posted by Aravo on Aug 31, 2016 7:46:16 AM

    Regulatory burdens are increasing for Global 2000 companies. More regulations are passed every year, requiring companies to meet an ever-rising standard for self-monitoring and near-faultless business practices. In manufacturing alone, the U.S. federal government passed over 2,300 new regulations between 1981 and 2013. Over 270 of these regulations are classified as “major,” meaning they are expected to have an effect of $100 million or more on the economy.

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    Topics: grc, regulations

    Beyond Dodd-Frank: Reducing Regulatory Risks and Achieving Third-Party Compliance in Financial Institutions

    Posted by Aravo on Aug 29, 2016 7:05:10 AM

    The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 might garner the most headlines, but it is hardly the only federal regulation deserving the attention of U.S. banks.

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    Topics: FCPA, OCC, CFPB

    Working for a Purpose in the GRC Market

    Posted by Kimberley Allan on Aug 25, 2016 5:35:34 PM

    Today it was announced that I’m joining Aravo Solutions as Chief Marketing Officer. I’m delighted to be joining such a dedicated team—a team that cares about their customers and about the wider causes they are supporting through Aravo’s industry-leading technology and services.

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    Topics: grc

    Enabling 360 Degree Insight and Control of Third Party Relationships

    Posted by Aravo on Jun 10, 2016 9:33:13 PM

    The modern organization is a complex web of relationships and interactions that span traditional business boundaries. Over half of the organization’s ‘insiders’ are no longer traditional employees, but rather third parties: suppliers, vendors, service providers, consultants, etc.  Complexity grows as these interconnected relationships, processes, and systems nest themselves in layers of subcontracting.

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    Topics: risk and compliance, third party relationships

    FCPA Third-Party Risk and Compliance for Pharmaceutical Companies

    Posted by Aravo on May 19, 2016 2:42:34 PM

    Around the world, governments are getting stricter about enforcing anti-bribery and anti-corruption regulations such as the U.S. Foreign Corrupt Practices Act (FCPA), the U.K. Anti-Bribery Act, and other national laws modelled on the OECD Anti-Bribery Convention. These regulations forbid bribery and corruption by companies and their third-party partners, including resellers, distributors, and marketing agencies.

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    Topics: Pharma, FCPA, Anti-Bribery and Anti-Corruption