Foundations

GRC (GRC)

Governance, risk and compliance: the software category, and the discipline, of managing policies, risks, controls and compliance obligations across an organisation.

Overview

Traditional GRC platforms are built around static registers of risks, policies and controls, updated periodically by hand. They are strong at workflow and attestation but weak at tracking regulatory change and at producing evidence directly from operational data.

Newer approaches treat compliance as an event-driven system, where rule changes and operational data flow through continuously.

It connects most directly to RegTech, Control and Regulatory change management.

Check the official sources below for legal scope, applicable dates and exceptions. This entry is an explanatory reference, not legal advice.

Why it matters

Most large organisations already run a GRC tool. The question is whether it knows when the rules change and whether its controls are proven by data or by attestation.

Who it affects

Risk, compliance and internal audit teams.

Connections

The terms most closely tied to GRC. Select one to open it.

GRC

What to do about it

  1. 1Map where your obligations come from.
  2. 2Link each one to the controls and evidence behind it.
  3. 3Review the map whenever the business or the rules change.
In Regulation Layer

From requirement to evidence.

Regulation Layer can sit underneath an existing GRC suite, feeding it obligations, mappings and sealed evidence, or replace the parts that never kept up.

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Related terms

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