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The FRC has published its 2023 Annual Review of Corporate Governance Reporting which highlights a need for UK companies to enhance their corporate governance reporting, particularly in risk management and internal controls. Despite notable strides in transparency, many firms still fall short of providing the clear, detailed disclosures stakeholders expect.
Read MoreDebates about the effectiveness of Environmental, Social, and Governance (ESG) ratings are on the rise. In this blog, we look at the fundamentals of ESG performance scores, focusing on the complexities and challenges of accurately assessing the governance aspect, with case studies from Goldman Sachs, Steinhoff, Facebook, and Volkswagen.
Read MoreHow are organisations managing authorised signatories in 2023? In this report, we present the results of a series of polls conducted in the Governance, Risk and Compliance Management (GRC) group on LinkedIn to gauge industry sentiment on the issue.
Read MoreWe recently surveyed 40 governance executives to explore their sentiment towards the management of delegated authorities and authorised signatory registers. This blog provides a brief overview of the survey's key results.
Read MoreAre you aware of the risks associated with managing authorised signatories? In this blog, we’ll discuss why managing authorised signatories or signers has become riskier than ever before and how organisations can minimise the risks and transform their existing processes and operations.
Read MoreFor many governance professionals, managing, distributing and updating their authorised signatory lists can be painful. In many instances, the process is manual, therefore time consuming and costly.
Read MoreRecently, we asked the members of the Governance, Risk and Compliance Management (GRC) group on LinkedIn if they were aware of the difference between e-signatures and authorised signatories. Worryingly, according to 12% of respondents, there is “no difference at all” between the two terms whilst 8% believe that there’s no major difference. So, do e-signatures differ from authorised signatories?
Read MoreGood governance is like the oil in the machine, making sure everything runs smoothly and nothing blows up. It’s a defensive role, preventative medicine for the organisation.
Read MoreWhat are the legalities of executing contracts within organisations? In this blog, we discuss the meaning of contracts, the fundamentals of contract management and the role of authorised signatories of signers in the process.
Read MoreWhat is an authorized signatory? Simply put, an authorized signatory or signer is a person who’s been given the right to sign documents on behalf of the authorizing organisation. However, the term’s meaning and interpretation seem to vary significantly across different jurisdictions and industries. So, in today’s blog, we’ve put together an overview of some of the most common uses of the term.
Read MoreHow is the role of internal audit evolving in the post-pandemic corporate world? And what’s the connection between internal audit and signatory authorisation? We attempt to answer these questions and more in the discussion below.
Read MoreExploring the benefits that blockchain could bring to corporate governance and how it could offer smart solutions for classical sector inefficiencies, especially in the relationship between shareholders and the company.
Read MoreIn business the all-encompassing notion that the signature is a 100% accurate representation of authorisation is an issue. This misconception that if someone has signed, stamped or printed their name on an official piece of business, they must have been authorised to do so.
Read MoreA piece that outlines how Cygnetise can help you reduces the admin burden and costs whilst mitigating the risk of fraud for your organisation. Read more.
Read MoreViviane Joynes is MD at EQS Group. In this interview she talks about regtech, women in the boardroom and that time she ran 3,850km across Europe.
Read MoreIndependently written by Bird Lovegod. When I was invited to write a blog piece for Cygnetise, I thought to do a little research. So I Google ‘what is an authorised signatory list’.
Read MoreThe first ‘signature system’ could have been when ancient peoples made positive handprints on walls in caves, a global technology trend from around 40,000 years ago.
Read MoreGovernance by walking around, or GBWA, mirrors the approach of Management By Wandering Around, a well established method of being involved and present in organisations, with an additional level of seeing the organisation from multiple stakeholders positions.
Read MoreLast week we wrote about the problem of authorised signatory fraud. In this week’s blog we offer a series of points on how to prevent it. For individuals, SMEs, and small organisations and charities, the below is the best piece of advice we can give.
Read MoreIt’s almost a misnomer to call it ‘signatory’ fraud, in a digitised workplace it’s not the signature that counts, it’s more of an identity fraud, an impersonation fraud.
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