Corporate Governance (GRC)

At Moorings, we understand that strong corporate governance is the foundation of a successful and sustainable business. Ensuring that your organization operates with integrity, transparency, and accountability is essential for achieving long-term success. Our Corporate Governance services, supported by integrated Governance, Risk, and Compliance (GRC) solutions, are designed to help you establish and maintain a robust governance framework that aligns with regulatory requirements and industry best practices.

Whether you are looking to strengthen your board oversight, enhance risk management processes, or improve regulatory compliance, our comprehensive GRC services provide the guidance and support you need to uphold the highest standards of corporate governance.

Our Corporate Governance (GRC) services include:

• Governance Framework Design and Implementation: We work with you to design and implement a comprehensive governance framework tailored to your organization’s needs. This includes developing clear roles and responsibilities for your board of directors, executives, and other key stakeholders, ensuring accountability and transparency at all levels.
• Board and Subcommittee Charter Development: A well-defined charter is crucial for the effective functioning of the board and its subcommittees. We help you develop or update board and subcommittee charters that outline the roles, responsibilities, and expectations of each committee. These charters provide a clear structure for governance, decision-making, and risk oversight, ensuring that each group operates in alignment with your organization’s strategic objectives and regulatory requirements. The main subcommittees typically include:
  • Audit Committee: Oversees financial reporting, internal controls, and the audit process. This committee ensures that financial statements are accurate and transparent, and that risks related to financial reporting are managed effectively.
  • Risk Committee: Focuses on risk management and ensures that key risks, including operational, financial, and compliance risks, are identified and mitigated. The committee ensures that risk management practices are integrated into strategic decision-making.
  • Nomination and Governance Committee: Responsible for identifying and recommending board members, evaluating board performance, and ensuring that governance policies are in place and adhered to. This committee ensures board diversity and effectiveness.
  • Remuneration/Compensation Committee: Manages executive compensation, ensuring that pay structures are aligned with business performance and shareholder interests. The committee reviews and sets remuneration policies, including bonuses, stock options, and incentive plans.
  • Sustainability and ESG Committee: Oversees environmental, social, and governance (ESG) initiatives and ensures that sustainability practices align with company values and regulatory expectations. This committee ensures that ESG risks and opportunities are integrated into the company’s strategy.
• Board Oversight and Effectiveness: We assist in enhancing board oversight by providing governance tools and best practices to ensure that your board operates effectively. This includes reviewing board composition, conducting board evaluations, and implementing governance processes that strengthen decision-making and strategic planning.
• Risk Management Integration: Our Governance, Risk, and Compliance (GRC) solutions integrate risk management into your governance framework, ensuring that risk identification, assessment, and mitigation are embedded in your business processes. This holistic approach enables you to manage risks proactively while maintaining a focus on long-term objectives.
• Regulatory Compliance and Legal Advisory: We provide comprehensive compliance services to ensure that your organization meets all applicable regulatory and legal requirements. From local regulations to international standards, we help you navigate the complex regulatory landscape and avoid costly penalties.
• Policy Development and Implementation: Establishing clear policies is essential for effective governance. We assist in the development and implementation of key policies, such as codes of conduct, ethics policies, anti-bribery and corruption protocols, and whistleblowing procedures, ensuring your organization operates with integrity and in line with best practices.
• Corporate Governance Audits: Our corporate governance audits assess the effectiveness of your current governance structures and practices. We identify areas for improvement and provide actionable recommendations to enhance governance and ensure compliance with regulatory requirements.
• Compliance Management Systems: We help you implement and maintain compliance management systems that streamline the monitoring and reporting of regulatory obligations. Our systems ensure that your business remains compliant with evolving regulations, minimizing the risk of non-compliance.
• Governance Reporting and Disclosure: We assist in preparing governance reports and disclosures, ensuring that your organization complies with reporting requirements related to corporate governance, financial performance, and sustainability. Transparent reporting builds trust with stakeholders, investors, and regulators.
• Continuous Controls Monitoring (CCM): Continuous Controls Monitoring (CCM) systems are a key component of strong governance. We help you implement CCM solutions that provide real-time oversight of your business processes, identifying and mitigating risks before they escalate into significant issues.
• Ethics and Compliance Training: A well-informed workforce is essential for maintaining compliance and fostering a culture of integrity. We offer ethics and compliance training for your employees, ensuring that they understand their responsibilities and adhere to internal policies and regulatory requirements.
• Artificial Intelligence (AI) and Automation in Governance: We integrate AI-driven solutions into your governance processes, enabling more efficient risk monitoring, compliance tracking, and reporting. By automating routine governance tasks, you can focus on strategic oversight and decision-making.
• Whistleblowing Systems and Safeguards: We help you establish whistleblowing systems that provide a secure and confidential channel for reporting unethical behavior or compliance breaches. These systems protect whistleblowers while ensuring that issues are addressed in a timely and transparent manner.
• Sustainability and ESG (Environmental, Social, Governance) Compliance: Corporate governance increasingly includes sustainability and ESG considerations. We assist in incorporating ESG principles into your governance framework, ensuring that your business meets stakeholder expectations and complies with relevant ESG reporting standards.
• Governance Risk Assessments: We conduct thorough risk assessments that focus on governance-related risks, such as conflicts of interest, executive mismanagement, or non-compliance with regulatory standards. These assessments help you strengthen governance controls and mitigate risks before they impact your organization.
• Stakeholder Engagement and Communication: Effective corporate governance includes transparent communication with stakeholders, including shareholders, regulators, and the wider public. We assist in developing stakeholder engagement strategies and communication plans that foster trust and promote your organization’s governance standards.
• Business Intelligence (BI) for Governance Reporting: We incorporate business intelligence tools into your governance reporting systems, providing real-time data and analytics that enhance decision-making and oversight. BI tools offer greater visibility into governance-related performance metrics, ensuring your organization remains agile and compliant.

At Moorings, our approach to Corporate Governance (GRC) is designed to not only ensure compliance but to also build a culture of integrity, accountability, and transparency. With our GRC solutions, you can confidently navigate regulatory landscapes, manage risks effectively, and create long-term value for your stakeholders. By embedding good governance practices into your business operations, we help you achieve sustainable success in a constantly evolving business environment.