Many are not aware of this fact, but compliance does not only concern credit institutions and investment firms. Strong competition and the globalization of markets have widened its scope of action. It now affects all sectors of activity. And because of this context, many leaders have become aware of the importance of empowering their collaborators…
In an economic and social scenario in which transparency is increasingly required, it is essential to work with the concepts of Risk Control and Ethics. This premise applies to large corporations as well as small ones. But how to be truly transparent daily? It is precisely for this mission that Corporate Governance and Compliance practices…
Compliance is no longer an issue that only affects large and often public companies. Even small and medium-sized companies must consider and comply with the compliance guidelines. Because the legislator makes no distinction here depending on the size of the company, compliance violations can also cost small and medium-sized companies their existence. Although awareness of…
Careful corporate governance today must include ensuring compliance with applicable rules and regulations. The management is therefore responsible for the implementation and control of necessary compliance measures. In the event of a negligent breach of this duty of care, CEOs, board members, managing directors, managers and senior executives themselves can also be held liable. A…
It not only takes time but also labour and cost for a company to set up a robust compliance management system in it. However, performing this task is also important as compliance is an issue that cannot and shouldn’t be ignored especially at the corporate level. Due to the complexity of ensuring compliance in a…
An indispensable tool for protecting the company from any legal and reputational risk is undoubtedly company compliance & advisory services in India. Compliance is an essential function of the company in today’s world of work, also under the legislation in force, which requires professionalism with high-calibre training behind it. But what does it consist of? To…
Ministry of Corporate Affairs (MCA) has always been vigilant in curbing black money and round tripping of funds. A current measure to unearth the information, MCA has redrafted the provisions of Section 90 of the Companies Act 2013 to disclose ultimate individual beneficial shareholder of a company in order to reveal legitimate individual owner hiding behind the veils…
A huge portion of economy is dependent on import and export businesses. For making payments outside India compliances of certain governmental authorities like RBI, FEMA, Income Tax Department etc need to be ensured.One of such compliance of is submitting the form 15CA and 15CB. As per the revised rules relating to preparation & submission of…
