PRACTICE TIP OF THE MONTH - Governance, Risk and Compliance
FICPI's Practice Management Committee (PMC) has released a new members-only Best Practice guide aimed at Partners and senior members of IP firms, authored by PMC member Eduardo C. A. de Mello e Souza of Dannemann, Siemsen.
A well-defined GRC programme helps safeguard the firm's reputation, ensures operational integrity, manages risks effectively, and builds the client confidence essential for long-term partnerships. Failure to address GRC proactively can lead to technical vulnerabilities, financial penalties, reputational damage, loss of clients, and operational disruption.
Whether you are at the start of your GRC journey or at the strategic mastery stage, this guide will prove invaluable on your journey.