Search results
Results from the WOW.Com Content Network
While Governance, Risk Management, and Compliance refers to a generalized set of tools for managing a corporation or company, Legal GRC, or LGRC, refers to a specialized – but similar – set of tools [1] utilized by attorneys, corporate legal departments, general counsel and law firms to govern themselves and their corporations, especially ...
A general counsel, also known as chief counsel or chief legal officer (CLO), is the chief in-house lawyer for a company or a governmental department.. In a company, the person holding the position typically reports directly to the CEO, and their duties involve overseeing and identifying the legal issues in all departments and their interrelation, including engineering, design, marketing, sales ...
ACC — Association of Corporate Counsel; AD - South African Law Reports, Appellate Division; ad., ads., adsm. — ad sectam (Latin), at the suit of. Used in colonial and Federal Era American cases when the defendant is listed first; e.g., "John Doe v. Richard Roe" is labeled "Richard Roe ads. John Doe."
A body of water open to all. Typically a synonym for International Waters, or in other legal parlance, the "High Seas". mea culpa: through my fault An acknowledgement of wrongdoing. / ˈ m eɪ. ə ˈ k u l. p ə / mens rea: guilty mind One of the requirements for a crime to be committed, the other being actus reus, the guilt act. This ...
Governance, risk management, and compliance are three related facets that aim to assure an organization reliably achieves objectives, addresses uncertainty and acts with integrity. [6] Governance is the combination of processes established and executed by the directors (or the board of directors) that are reflected in the organization's ...
The chief governance officer (CGO) is normally a senior vice executive reporting to the CEO; however, in the not-for-profit sector, when an organization uses policy governance, the chair of the board often takes on the role of CGO, who is tasked with directing the people, business processes and systems needed to enable good governance from inside the corporation in support of the board of ...
The responsibilities of the chief compliance officer include: Leading enterprise compliance efforts; Designing and implementing internal controls, policies, and procedures to ensure compliance with applicable local, state, and federal laws and regulations, as well as third-party guidelines
The International Organization for Standardization (ISO) and its ISO 37301:2021 (which deprecates ISO 19600:2014) standard is one of the primary international standards for how businesses handle regulatory compliance, providing a reminder of how compliance and risk should operate together, as "colleagues" sharing a common framework with some nuances to account for their differences.