A white paper GRC 20/20 wrote for Accuity under their brand:
Business is global, distributed and dynamic. Firms of all sizes and industries have global client, partner, vendor and supply-chain relationships. The modern firm depends on a complex web of business relationships that make it impossible to define where the firm starts and stops. Adding to this complexity is the dynamic nature of business—it is everchanging, with a revolving door of employees, partners and strategies in an environment where risk, economics and regulations are in a constant state of change. How does a firm validate that it is current with legal, regulatory and other obligations in the face of an ever-changing business environment?