Corporate Compliance Management [CCM] is the method by which corporate manage the entire compliance process. It involves a full process of research and analysis as well as investigation and evaluation. It consists of the policies, procedures which guide in adherence of laws and regulations and conducts the independent testing of level of compliance with various laws and regulations applicable. Corporate compliance management broadly include compliance of: -
Corporate Compliance Management adds substantial business value to the Corporates, if compliance is done with due diligence. A Company Secretary who act as a ‘Compliance Manager’ of the Company who ensures that the company is in total compliance with all regulatory provisions. Corporate disclosures plays very important role in enhancing Corporate Valuation. These disclosures can be classified into statutory disclosures, non-statutory disclosures, specifies disclosures and continuous disclosures. A Company Secretary has to ensure that the disclosures are made to shareholders and other stakeholders in true letter and spirit. ‘Company Secretary’ is the professional who guides the Board and renders advice in terms of compliance & ensures that the Board procedures are duly followed, best global practices are brought in the organisation is taken forward towards good corporate citizenship.