Following the outbreak and the lockdown measures by the Government of India in March 2020, all industries have been impacted, albeit to varying degrees.
By easing Foreign Investment norms the Indian Government has encouraged investments and encouraged growth to keep India a lucrative investment destination.
The Ministry of Corporate Affairs of India released CARO 2020, placing more responsibilities on the statutory auditors regarding whistle blower complaints.
Public companies are scrutinised for non-financial information by stakeholders, and investors are looking at board and leadership quality to make decisions.
FTI Consulting identifies stumbling blocks of implementing an effective compliance program and measures companies can take to mitigate and overcome them.
