The Governance and Financial Viability Standard requires Registered Providers to ensure that they comply with ‘all relevant law’. However, how do you move from ticking the box to demonstrating meaningful engagement, driving best practice rather than following the crowd? In this video Sarah Greenhalgh, Partner at Bevan Brittan is joined by Sarah Pearson, Head of Legal and Compliance at Abri to discuss their journey from implementation to assurance.
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- Engage the wider business – it is very likely you are already evidencing all of this within your policies and practices. Your teams will be surprised at just how much ‘law’ they are following without realising!
- Make governance part of your routine - Consider how to foster this engagement into routine assurance. We’re in a fast-paced sector - move away from the annual ‘tick box’ approach and regularly review throughout the year to keep on top of changes.
- Engage colleagues in senior roles - Being on the front foot can make your organisation stand out from the crowd in terms of sector leadership – meaningfully engage with and monitor changes at a senior level.
- Look for links within other controls - Look for links with other aspects of your internal controls framework such as risk registers to properly embed this mind-set.