In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Regulatory compliance describes the goal that organisations aspire to achieve in their efforts to ensure that they are aware of and take steps to comply with relevant laws, policies, and regulations.
Due to the increasing number of regulations and need for operational transparency, organisations are increasingly adopting the use of consolidated and harmonised sets of compliance controls.
This approach is used to ensure that all necessary governance requirements can be met without the unnecessary duplication of effort and activity from resources.
Arch Capital Group Ltd. Reports 2020 First Quarter Results
Company Release – 5/4/2020 4:11 PM ET PEMBROKE, Bermuda–(BUSINESS WIRE)– Arch Capital Group Ltd. (NASDAQ: ACGL) announces its 2020 first quarter results. The results included: Net income available to Arch common shareholders…
COVID-19 Update 06.05.2020
The challenges facing SME business owners are constantly evolving as a result of COVID-19, including importantly, obligations as an employer. To provide much needed assistance, Arch Underwriting at Lloyd’s (Australia)…
The Spread of COVID-19 across various countries is a developing situation. We are regularly reviewing advices from the Department of Foreign Affairs & Trade, Department of Health and the World…