Remove Application Remove Corporate Governance Remove Evaluation
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What is the Three Lines of Defense Approach to Risk Management?

LogisManager

The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. They set policies, standards, and procedures, conduct risk assessments, and ensure that the first line complies with applicable laws, regulations, and internal policies.

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Building an Effective Board Governance Committee: Everything You Need to Know

LogisManager

Building an Effective Board Governance Committee: Everything You Need to Know Last Updated: June 4, 2024 Your company relies on its board of directors to ensure high profitability and a good public reputation, and effective corporate governance is essential for supporting those goals. Many governance committees meet quarterly.

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Empowering Strategic Decision-Making with Real-Time Risk Dashboards

LogisManager

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

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Empowering Strategic Decision-Making with Real-Time Risk Dashboards

LogisManager

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

Following the Great Recession, regulators began requiring enhanced disclosure about risk and corporate governance. They evaluate their vendor and partner communities to identify the third parties they depend on the most and map them to the business risks, controls, and testing that rely on them. Imagine the contagion there.

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Case Study: Transforming LogicManager

LogisManager

By evaluating and analyzing these metrics, LM highlights high-risk areas within our operations and illuminates the root causes of inefficiencies. Alignment with Best Practices Our internal application of LogicManager ensures we adhere to the highest standards of risk management and compliance.

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The Relationship Between Internal Controls and Internal Audits

Reciprocity

Monitoring All internal controls must be monitored regularly to evaluate their performance and efficacy over time. An internal audit is an objective and unbiased evaluation of the organization’s internal controls, accounting processes, and corporate governance systems to measure their effectiveness.

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