Governance Risk and Compliance (GRC)

Governance Risk and Compliance (GRC)

GRC is a framework that organizations required to manage and align their activities related to governance, risk management, and compliance with relevant laws, regulations, and standards. GRC aims to ensure that an organization operates ethically, achieves its objectives, and complies with legal and regulatory requirements.

Silver Glass approach
Silver Glass will help the organization to build the processes, structures, and practices which an organization is directed and controlled. Silver Glass will help in defining and enforcing policies, procedures, and guidelines to ensure proper decision-making, accountability, and transparency at all levels of the organization.
Key elements of governance will include- Establishing an effective governance framework and structure, defining roles, responsibilities, and authorities within the organization, setting strategic objectives, and ensuring they are aligned with stakeholders’ interests, Monitoring performance, risk, and compliance with established standards, Establishing effective communication channels within the organization.
Silver glass will also help the organization is having an assessment of various compliance, privacy requirements and help in putting a road map against them. Some of the key certification / regulations are – Regulations (RBI, SEBI – India), ISO2001, HIPPA, GDPR, GLBA, NIST CSF.

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