Addressing inflation risks – A vital focus that needs a dynamic approach
How is inflation impacting the risk of disruption in your supply chain and your business? Most importantly, how can risk monitoring help you anticipate and address these risks? We have seen in recent months most of the major economies impacted with historically high inflation levels, with 8.6% in the US, 8.1% in the Eurozone and […]
The New Executive Order for Buy America Act – What Does It Mean for Your Business?
The Biden Administration is proposing a renewed focus on an enhanced Buy America Act (BAA) to promote federal/government procurement of more US-based products and components, and more enforcement. The benefits for the US-based companies and their subcontractors, and impacts on free market economy, competitiveness and export opportunities for US companies, are up for debate. In […]
A look back at 2020 – FCPA Compliance
A look back at 2020 – FCPA Compliance, a vital part of enterprise and supply chain risks The Foreign Corrupt Practices Act or FCPA has been top-of-mind for risk and compliance teams since its origin. Compared to previous years, 2020 has set records for high-penalty FCPA cases. This year also saw a revised resource guidance […]
Leveraging risk mitigation at the regional or business unit levels in the post-Covid new normal
Risk monitoring tools and mitigation strategies have been critical success factors to help C-Level corporate executives guard their brand reputation and avoid potentially costly disruptions in revenue. These tools can also be an integral part of both operational excellence and customer centricity initiatives at the business unit and site level. From Vertaeon’s perspective, a cohesive […]
Vertaeon hosted a speaker panel at the 37th RIMS Atlanta Annual Conference on the vital topic of ‘Evolution in COSO frameworks for enterprise risk management (ERM) and trends in practice’.
The panel session delved into 2017 update for strategy integration of risk, 2018 update for incorporation of ESG (environmental, social and governance) risks, and application examples of these from business perspectives. The session concluded with a look into the digital transformation of risk assessment and its execution. Vertaeon Managing Partner Rekha Varma with co-host of […]