GRC - IPO Readiness

Corporate governance forms an essential part of the capital market requirements in the context of an IPO. In the context of an IPO, companies must create a legal and factual regulatory framework for management and supervision. This regulatory framework is based on the totality of all international and national rules and regulations and is reflected in the values and principles, the processes and documentation that companies design for themselves. The law takes up the familiar monitoring functions such as

Risk management

Internal Controls

Internal Audit

Compliance Management

IT Governance

Data protection & data security
 

and makes them the responsibility of the supervisory bodies and management of companies. Below is a condensed but not exhaustive presentation of legal obligations:

In addition, of course, there are further obligations on the part of the Supervisory Board and management. In addition to the statutory obligations, further requirements arise from the intended place of listing (national or international) and the type of listing (e.g. Prime Standard vs. free market). In addition, implicit requirements arise from the capital market or from the future investors. In the course of our IPO consulting, we analyze existing monitoring functions and help you to establish IPO readiness in the area of Governance, Risk & Compliance.

Your challenges in the context of an IPO readiness regarding GRC

Companies face a variety of challenges in implementing corporate governance requirements in the context of IPO readiness:

• Time pressure due to IPO requirements, so governance issues are implemented quickly and patchily

• High organizational and administrative effort in the context of implementing governance functions

• Low acceptance within the organization for governance regulations and tasks

• Subsequent effort and high costs to optimize existing approaches and procedures

Approaches to the challenges of IPO readiness with regard to GRC

• Determination of position and derivation of an implementation plan for timely implementation

• Identification of project risks

• Implementation of the necessary GRC functions, SOX readiness if necessary

• Optimization of existing GRC functions
   

If you are interested and have any questions, please do not hesitate to contact us.