Risk and Control Registers Consulting
In contemporary times the nature of businesses is changing and in this highly regulatory environment, managing operational, financial, and compliance risks is an essential task for every business. At ASC Group, we offer expert Risk and Control Registers Services in India that help organisations in almost all spheres including identify, assess, monitor, and mitigate risks effectively at the right time. Our services are designed to support businesses in maintaining robust internal controls and ensuring long-term sustainability.
What Are Risk and Control Registers?
A Risk and Control Register is a key component of any governance, risk management, and compliance (GRC) framework. It is a systematic tool used to record, evaluate, and monitor potential risks that may impact an organisation’s operations, finances, reputation, or compliance obligations. Alongside this, it captures the internal control mechanisms put in place to mitigate these risks.
Properly maintained Risk and Control Registers provide clear visibility into an organisation’s risk profile and support informed decision-making. They also demonstrate compliance with corporate governance and regulatory standards, which is especially crucial for businesses operating in India.
Why Risk and Control Registers Are Essential
India’s dynamic regulatory landscape demands businesses to stay proactive when it comes to risk management. From GST compliance to cybersecurity and financial audits, risks can arise from multiple domains. Having an updated and comprehensive Risk and Control Register helps companies:
- Identify key operational and compliance risks,
- Map existing internal control procedures,
- Ensure accountability within departments,
- Facilitate smooth internal audits and statutory audits,
- Strengthen corporate governance and risk culture,
- Prepare for potential threats and uncertainties,
Whether you're a startup, MSME, or a large enterprise, our Risk and Control Registers Services in India are tailored to meet your specific industry and operational requirements.
Our Risk and Control Registers Services Include
At ASC Group, we follow a structured and collaborative approach to developing and maintaining your Risk and Control Registers. Our services include:
1. Risk Identification & Assessment
We work closely with your team to identify both internal and external risks across various business functions. Risks are assessed based on impact, likelihood, and existing control frameworks.
2. Control Mapping
Each identified risk is mapped with the relevant control mechanisms in place. We evaluate their effectiveness and recommend improvements wherever required.
3. Gap Analysis
Our experts conduct a thorough gap analysis to identify areas where internal controls are missing or inadequate, ensuring your business is not exposed to avoidable threats.
4. Risk Rating & Prioritisation
We assign risk ratings to help your leadership prioritise high-impact risks and allocate resources accordingly.
5. Ongoing Monitoring & Reporting
We set up regular monitoring mechanisms and provide customised reports that offer deep insights into your risk and control environment.
6. Regulatory Compliance Support
We align your Risk and Control Registers with Indian regulatory requirements, including SEBI, RBI, Companies Act, and more.
Why Choose an ASC Group?
With over two decades of experience in risk advisory and compliance services, ASC Group is a trusted partner for businesses across India. Our team of professionals brings deep industry knowledge and technical expertise to deliver highly reliable Risk and Control Registers Services.
We understand the unique challenges Indian businesses face and tailor our approach accordingly. Our goal is to help organisations build a strong risk management culture that enhances transparency, accountability, and strategic decision-making.
Who Can Benefit?
Our services are ideal for:
- Corporates and Listed Companies
- SMEs and Startups
- NBFCs and Financial Institutions
- NGOs and Educational Institutions
- Government and Semi-Government Bodies
Whether you're looking to build a Risk and Control Register from scratch or need to update and optimise an existing one, ASC Group is here to help.
Ready to strengthen your risk framework?
Contact ASC Group today to learn more about our customised Risk and Control Registers Services in India and how we can support your business in managing risk with confidence.
