Seminar on Challenges of Today’s Corporate: Focus on Ethics, Technology & Fraud Prevention

Ms. Rita Kumar, Principal Advisor ADR, Regulatory & Compliance and Ms. Monika Singhal, Senior Associate, Corporate Secretarial & Compliance participated in a seminar on the issue pertaining to ‘Various Challenges Faced by Today’s Corporates’, organised by the PHD Chamber of Commerce and Industry.

Some of the key focus points of the session were:

• Strengthening of corporate governance standards, leading to increased accountability and greater ethical resilience to be adhered by the stakeholders.

• Better fraud risk mitigation management at all levels in the present complex, volatile, uncertain business environment.

• Introduction of the fourth industrial revolution (digital revolution) and emerging technologies.

• Role of a chief financial officer to safeguard its organization from financial risks.

• Factors influencing the finance sector in the next three years: (i) change in regulations and governance; (ii) external reporting requirements; (iii) internal reporting; and (iv) working pattern.