AMERICAS . EUROPE . AFRICA . MIDDLE EAST . APAC . OCEANIA
While regulators maintains that their intentions are not to increase levels of enforcement but to encourage improved risk awareness, the actions on ground are contradictory. One of the most challenging methods employed by regulators is the use of personal attestations, which is seen as a good way to get Key Management Personnel’s (KMP) attention.
With increased KMP’s liabilities, all eyes are on CRO’s who on other hand have to juggle with many operational challenges while keeping the risks at bay.
Increasing Risks &
Segregation of Roles
Fragmented and inadequate reporting
Lawrbit Global Compliance Management Software integrates Regulatory Intelligence & Legal Technology with support from 100s of Legal Partners globally
The application helps businesses create a centralised monitoring framework and an integrated approach to proactively manage Regulatory Risks across an extensive range of compliance obligations from all laws applicable on business; enabling businesses to efficiently manage cross geography, functional and industry mandates. It brings all stakeholders involved including CXOs, Board, Functional heads, Compliance owners and Auditors on same page in terms of understanding of regulatory obligations and handle them more confidently; all through a Single integrated application.
Lawrbit delivery model for Compliance Monitoring stands primarily on 3 pillars:
Lawrbit Global Regulatory Intelligence is created and continuously updated with regulatory changes through collaborative efforts of legal experts globally. Lawrbit provides a centralized repository of Regulatory Obligations, Legal Documents, Key Legal Terminologies, Regulatory Changes that can be commonly accessed by everyone across the firm including partners, managers, auditors, etc.
Laws & Rules mapped
Our innovative engagement model to partner with Legal and Accounting firms gives us scale and agility to faster engage & deliver even in jurisdictions where we currently don't have any presence; effectively allowing us to serve clients anywhere in the globe.
The network brings strong domain expertise and noteworthy commitment that lends highest credibility to the Regulatory Intelligence inbuilt in our compliance management solution. While working with global clients to provide single point solution for compliance requirements, availability of credible partner channel help us improve client’s confidence, reduce delivery timelines and costs.
Legal & Accounting Partners
Lawyers & Accountants
"We spent almost 1 year evaluating every possible option available, including Big 4s; found Lawrbit’s delivery model & technology most compelling. They have gone in every detail around compliance nuances. We signed up during Covid period my worries doubled, but their implementation team (Global & Indian) did phenomenal job & went live within set timelines. Our teams across India, China & Philippines are happy with roll out and support provided during & post Go-Live"