The Selection Committee can also decide not to award the scholarship if there are no suitable candidates. Applicants should not concurrently hold any other scholarship, fellowship, bursary during the prescribed period of the Scholarship. Scholarship recipient must satisfactorily complete at least 4 courses in the first year of study and earn at least a 3. Scholarship recipient must be continuously enrolled in the programme to have the scholarship renewed for the following academic year.
Legal governance[ edit ] Legal governance refers to the establishment, execution and interpretation of processes and rules put in place by corporate legal departments in order to ensure a smoothly-run legal department and corporation. Even with the legal realm, this process requires knowledge of the legal, economic and social factors, as well as knowledge of the business world in which legal teams operate.
Legal compliance[ edit ] Legal compliance is the process or procedure to ensure that an organization follows relevant laws, regulations and business rules. There are two requirements for an enterprise to be compliant with the law, first its policies need to be consistent with the law.
Second, its policies need to be complete with respect to the law. The role of legal compliance has also been expanded to include self-monitoring the non-governed behavior with industries and corporations that could lead to workplace indiscretions.
It is also important to realize that within the LGRC framework, legal teams work closely with executive teams and other business departments to align their goals and ensure proper communication.
Legal Consistency[ edit ] Legal Consistency is a property that declares enterprise policies to be free of contradictions with the law. Legal Consistency has been defined as not having multiple verdicts for the same case .
The antonym Legal Inconsistency is defined as having two rule that contradict each other. Completeness suggests that there are no scenarios covered by the law that cannot be implemented in the enterprise.
In addition, it implies that all scenarios not allowed by the law are not allowed by the enterprise.
Enterprise policies are said to be legally complete if they contain no gaps in the legal sense. Completeness can be thought of in two ways: This leads to the following definition: The LGRC Center for Innovation serves as a forum for legal industry leaders to discuss and determine ways to systematize and streamline within the legal industry.
They meet in online forums and at periodic conventions and summits to determine best practices for Legal GRC. Institute on Governance[ edit ] The Institute on Governance IOGalthough it does not address LGRC exclusively, is a useful resource for knowledge on governance in general, and has collected some significant basics about legal governance online.
The IOG is an independent, Canadian, nonprofit [think tank] founded in to promote better governance for public benefit. Through our research and services we help public organizations and societies realize their objectives by putting good governance into practice.
ACC was founded in It currently has more than 24, members from over 10, corporations in 77 countries. ISEEK, a tool for high speed, concurrent, distributed forensic data acquisition. Paper presented in Valli, C.corporate governance mechanisms have been adopted in listed companies in the UAE.
This evidence confirms that most listed companies have complied with the code of corporate governance in the country, reflecting the successful introduction of the corporate governance code in , which was reformed in in the UAE.
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Legal Governance, Risk Management, and Compliance or "LGRC", refers to the complex set of processes, rules, tools and systems used by corporate legal departments to adopt, implement and monitor an integrated approach to business vetconnexx.com Governance, Risk Management, and Compliance refers to a generalized set of tools for managing a corporation or company, Legal GRC, .
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