Governance,Regulatory & Compliance
Governance,Regulatory and Compliance continues to be complex business challenge. As newlaws and regulations are introduced, their requirements challenge boards togreater levels of transparency, objectivity and professionalism. Increasedaccountability and potential exposure to liability means directors need toensure that corporate governance standards are adhered to and robust compliancemanagement systems are in place.
KPMGmember firms can assist directors and management to identify the applicablelaws and regulations to better understand the regulatory environment. Ourapproach combines an analysis of the legal framework together with anassessment of the systems and processes which can help to ensure compliance andsound corporate governance.
Ourapproach is to support our member firms’ clients in meeting the Governance,Regulatory and Compliance challenge by offering the following services:
Boardtraining, i.e. director responsibilities, obligations and ‘better practice’governance requirements
Boardand Audit Committee assessments
Regulatorycode impact diagnostic
Sarbanes-OxleyAdvisory Services (for SEC registrants)
EU8th Directive Advisory Services
Ourfirms’ multidisciplinary teams have advised clients on how best to meet thecorporate governance, regulatory and compliance challenge. Our professionalshave in-depth knowledge of corporate governance developments both locally andinternationally. We combine the process and system benchmarking knowledge andexperience with organizational knowledge.
Thereis a strong business case for corporate governance and regulatory compliance.Sound corporate governance practices can protect directors from potentialpersonal liability and protect the company from reputational harm.
Thereare financial penalties for non-compliance with certain laws and regulations.Robust regulatory and compliance structures can help to ensure companies arenot subject to potential penalties.
Tel: +234 1 271 8955 (or 8599)
Fax: P.M.B. 40014, Falomo
Website - https://home.kpmg/ng/en/home.html