Newsletter | Volume 1

How to be transparent, accountable and maintain oversight, on the nonfinancial reporting, documenting corporate social responsibility .
The Nordic Corporate Social Responsibility approach is to make a recognized assurance improve Good Governance, Risk Management, and Compliance defaults and redesign the processes and do more than what it is generally expected of accountable global and local companies.
The 2015 Tone-at- the-Top worry is on Reputational Risk
While executive directors often blame regulatory risks for taking much of their time, the concern for reputation risks has grown over the years. The high-profile media coverage e.g. the BP oil spill in the Gulf of Mexico, the global LIBOR and HSBC scandals, that has lead to even greater banking regulation. The FIFA scandal that continued for a couple of decades, before US authorities put their foot down, or Petrobras scandal in Brazil, has changed the tone-at-the-top agenda.
How to address the Global CSR, Governance, Compliance and Accountability Issues
Providing Corporate Social Responsibility (CSR) to the society, means to make a documented effort and promise to improve Governance, Risk Management and Compliance (GRC) defaults in the organisation and to do more than what it is expected of responsible companies for all stakeholders.

Have you calculated the price tag of the next cyber breach?
There are some global surveys on cyber threat and the defense of IT-Security with vital statistics to safeguard the company and ensure proper business continuity. In most more than half the respondents believe that a successful cyber-attack is likely in 2015 and phishing, malware, and zero-days are of primary concern.
The Internet is Neither Secure Nor a Private Place to Hang Out
Ashley Madison is a dating site that markets itself to married people who want to have 'discreet' encounters on the side. Recently a hacker threatened to expose all of the members' identities unless the CEO shuts down the site.
Most IT- and Cybersecurity breaches and attacks are multi-level and multi-channel by default
The IT- and Cybersecurity day on the 19th October 2015 at The Technical university of Denmark is designed for board members and senior management, IT managers, risk, governance and compliance managers, their supporting team members, CFO's, and individuals interested in updating their IT and Cybersecurity risk management knowledge.

What are the multi-jurisdictional issues of the OECD's Common Reporting Standard (CRS) Part I/II
The Standard for Automatic Exchange of Financial Account Information in Tax Matters, including the Commentary on the Common Reporting Standard (CRS), seeks to establish the automatic exchange of tax information as the new global standard. The electronic exchange of information involves the systematic and periodic transmission of 'bulk' taxpayer information from the country that is the source of the payment to the taxpayer's country of residence.
Address the regulatory overreach with business initiatives, IT & GRC strategy.
Piecemeal compliance with each regulatory measure is no longer a valid option. An estimated 20-40% of future compliance cost can be avoided if overlaps, duplication, models, transactions, reporting and record retention issues are addressed in an uniform, integrated, timely and structured manner.Manage the wave of new global regulatory compliance, control costs and start the compliance, IT/data management & process automation journey.
Will the HSBC, Forex trading probe, Libor and other major financial scandals lead to more regulatory compliance for the financial services industry?
How many compliance failures are enough to contain the global financial scandals? That is the question the global oversight authorities are asking each other when the question of regulatory overreach is discussed. A growing chorus of public outrage may prompt criminal prosecution of HSBC executives and spark a new wave of regulations in the financial sector.

Zero Tolerance is an expedition to achieve the golden goal of zero tolerance for Bribery, Fraud and Corruption
The Scandinavian countries are the least corrupt countries with order, democratic processes, and an excellent management culture. This global standing requires an individual obligation to implement reasonable and practical business processes with all stakeholders. Therefore, Copenhagen Compliance has since 2006 held a series of conferences, meetings and seminars on Bribery, Fraud and Corruption (BFC) issues on four continents.
Toshiba scandal is another blow to Japan's Corporate Governance codes.
Another of the world's biggest accounting scandals surfaced when Japan�s Toshiba joined the long list of massive corporate financial scandals, which include BCCI, Enron, Lehman, and Olympus. The scandal at Toshiba has worried global investors due to the corporate governance issues with antiquated oversight of top managers, as companies have cooked the books throughout history and worldwide.