What is the regulatory road ahead. Many people are struggling to get to grips with the latest laws or regulations that are being enacted or will be in the next couple of years. They feel that Parliament has gone mad – that it is creating laws faster than ever before, laws which are important and have a far-reaching impact on business, especially financial service providers. Think of the:
- Cybercrimes and Cybersecurity Bill (Cyber Bill) – South Africa (South Africa signed the Budapest Convention in 2001)
- General Data Protection Regulation (GDPR) in the EU (will replace the EU Data Protection Directive 95/46/EC)
- Protection of Personal Information Act (restricting the processing of personal information).
- King Report and King Code defines corporate governance as “the exercise of ethical and effective leadership by the governing body”.
- Companies Act (a total overhaul of the law regards companies),
- Consumer Protection Act (making South African consumers amongst the most protected in the world),
Each of them have regulations which often contain lengthy (and perhaps even hard to understand) details. They all overlap with each other. But one question is: how do they affect the laws that already exist? To add further confusion, the commencement of some of them has been delayed. People are feeling overwhelmed, that keeping up with regulatory developments is an impossible task.
Are you aware of the laws that apply to your organisation?
We offer a presentation, seminar, workshop, or executive briefing on this topic by an expert with practical experience. We also offer an eCourse on request.
What do we cover?
- Complex law vs Simple Law.
- Governance, Risk and Compliance.
- Compliance with laws and consideration of rules, codes and standards. What must your organisation comply with?
- Addressing regulatory risks. Why compliance matters – the top risks of non-compliance for organisations and individuals. Some examples of these risks
- Who is responsible?
- An overview of the road ahead in 2017 and beyond. A timeline of the various laws and when they will take effect. What actions to take and when to take those
- How do the laws overlap?
- The impact of these new laws on old laws (such as the Electronic Communications and Transactions Act (ECT Act), Financial Intelligence Centre Act (FICA), and the Banks Act.
- A look at the important issues that organisations face and which laws (old and new) regulate them. In the form of a table setting out which regulations are relevant to which issue.
- Take Home Points and Action items
- Get a working understanding of the regulatory road ahead and the impact on your organisation and its business.
- Get up-to-speed quickly. Know what to focus your attention on when.
- Let us provide you with a road map that will ensure your compliance with not only the existing laws and regulations, but the new ones as well that are on their way in the next two years.
- Be aware of what is coming down the road in the next few years
- Get a working understanding of the upcoming laws and regulations on your organisation and its business
- Get an overview of the new laws, including the Protection of Personal Information Act
- Know what to do and when to do it
- Understand the context of the laws and how they interact
- Be the King or Queen of the board room
“Legal experts were brilliant” delegates at an IT Governance, Risk and Compliance conference
Who should attend? Why should they be aware of the laws?
- Legal advisors (corporate lawyers or in-house lawyers) – to provide good legal advice on the related issues
- Compliance officers – to effectively comply with the laws
- Directors (executive and non-executive, CEOs and FDs) – to discharge their legal duties and direct the course of the organisation. The executive briefing is specifically designed for directors.
- CAEs, auditors and assurance providers (internal and external) – to audit and provide assurance
- CROs and Risk Managers – to address legal and regulatory risks
- Information (protection) officers – to balance access to information and protection of information
- Governance officers and specialists – to govern
- Consultants – to advise and provide solutions on the related issues
Very intelligent, experienced and educated people often attend our workshops. They usually know more about their fields than we do, so we see ourselves as facilitators helping the group to explore the topic. We always encourage people to add their value at any stage.
Who is the presenter?
A practical attorney from Michalsons. We will ensure the attorney is the best person to present the course depending on the type of course, the date, the specific issues and the attendees.
How long is it?
We provide this IT GRC course in different formats. Public and private sessions can last for anything from 45 minutes, half a day or a full day. We also provide eCourses that can be done via the Internet at your convenience. We welcome enquiries for more information and details.
Our public workshops are at various venues around the country. We choose venues that are central so you can get to it easy, that have adequate parking, good food, and that ensure you are comfortable.
We are happy to give the seminar, workshop or executive briefing at your venue.