Whilst company boards are legally required to consider principal risks and publish the results, we have found that this is often compliance-focussed, rather than practical and action-orientated.
Whether you are working in an emerging market or a well-developed industry with an established regulatory framework, Ivo can help you to understand areas of risk within your supply chain and quickly put in place actions to help mitigate and monitor.
We focus on integrity due diligence (ABC, AML) and supply base resilience. Risks from these areas can threaten a business commercially, reputationally and ethically. It is not uncommon for our work to uncover existential risks to a business, sitting unmanaged within the supply chain.
At Ivo, we believe that managing risk means practical, everyday actions rather than an annual exercise in corporate box-ticking.
Our Risk, Governance & Compliance Services Include:
ANTI-BRIBERY & CORRUPTION RISK AUDIT
Our unique assessment process has been developed in conjunction with lawmakers and industry experts. We help clients to understand and improve their ability to prevent, predict and manage bribery, corruption and unethical practices.
We undertake structured risk audits and regulatory gap analysis to reveal issues and help to proactively manage them prior to a system failure.
We help clients to establish best practice internal controls using the latest regulatory guidance, with recommendations that can be integrated into existing management processes.
In particular, we reference and benchmark against:
- ISO 37001: Anti Bribery Management
- ISO 37002: Whistleblowing Management
- ISO 37301: Compliance Management
ANTI-MONEY LAUNDERING
AUDIT
As dedicated compliance professionals with a deep understanding of Money Laundering Regulations 2017, we understand the importance of providing a truly independent AML audit.
The stakes could not be higher with changes relating to the 6th Money Laundering Directive increasing the scope of predicate offending including both individual and corporate liability.
Our expertise in enhanced due diligence, know your client (KYC) and onboarding of suppliers, business partners, agents or acquisition targets are critical factors in building a successful AML compliance programme.
We provide a structured solution that combines a review of key AML documentation, policies, controls and procedures alongside an onsite process of interviews and workshops – to truly understand your business and provide meaningful recommendations.
SUPPLY BASE RISK
We help clients to improve their supply base resilience – the management of risk driven by processes or interactions with suppliers.
With uncertainty and volatility impacting many markets, identifying vulnerabilities to security and resilience are a strategic priority.
A formal approach to security management within supply chains is critical in driving business value through enhanced capability.
We will assess the security environment in which you operate including all dependencies and interdependencies to determine compliance with statutory, regulatory and voluntary obligations.
We then seek to align and integrate using internationally recognised systems such as:
- ISO 28000: Security Management
- ISO 22301: Business Continuity Management
- ISO 31000: Risk Management
Practical Actions
Integrity Risk | Regulatory Audit | Gap Analysis Supply Chain Risk | Maturity Assessment | Supply Ethics | Investigations | Due Diligence
