Build a Resilient,
Compliant Organisation.
ICPL is Singapore's specialist GRC consultancy — integrating governance, risk management, compliance systems, and internal audit into a unified programme that protects your organisation and demonstrates accountability to regulators, investors, and clients.
What is GRC consulting? Governance, Risk & Compliance (GRC) consulting helps organisations establish systematic frameworks to manage regulatory obligations, assess and mitigate risks, maintain ethical governance, and demonstrate accountability through independent internal audit and assurance programmes.
Who needs GRC consulting in Singapore? Any Singapore-incorporated organisation with regulatory obligations — including MAS-licensed entities, government contractors, listed companies, SMEs seeking certifications, and organisations in regulated sectors (healthcare, construction, financial services, technology).
Regulatory Penalties
Singapore regulators — MAS, PDPC, CSA, NEA, MOM — issued S$28M+ in fines in 2024. Proactive GRC eliminates enforcement surprises.
Investor ESG Requirements
SGX Mainboard climate disclosure is mandatory from FY2025. ESG-linked governance frameworks are now expected by institutional investors.
Certification Prerequisites
ISO 37001, ISO 37301, and ISO 27001 all require a demonstrable compliance and risk management programme as a foundation.
Governance, Risk & Compliance
Singapore's most comprehensive GRC programme — integrating compliance management, risk governance, internal audit, and anti-bribery into a unified assurance framework. Click each service to expand its details.
Frequently Asked Questions
What is a Compliance Management System (CMS) in Singapore?
A Compliance Management System (CMS) is a structured framework for identifying, assessing, monitoring, and managing an organisation's legal and regulatory obligations. In Singapore, ISO 37301:2021 is the international certifiable standard for a CMS, helping organisations demonstrate systematic, risk-based compliance governance to regulators, clients, and auditors.
What is the difference between ISO 37001 and ISO 37301?
ISO 37001 is specifically an Anti-Bribery Management System (ABMS) standard covering controls to prevent bribery by or of an organisation. ISO 37301 is a broader Compliance Management System standard covering all applicable legal, regulatory, and ethical obligations. Both can be implemented together as part of an integrated GRC programme.
Who needs an internal audit in Singapore?
Internal audit is required for all SGX-listed companies, MAS-licensed entities, and organisations with ISO management system certifications (ISO 9001, 14001, 45001, 27001 all require internal audits). For non-listed SMEs, independent internal audit demonstrates governance maturity and is increasingly required by enterprise clients and government procurement.
How does ICPL help with GRC in Singapore?
ICPL provides end-to-end GRC consultancy in Singapore — from ISO 37001 anti-bribery and ISO 37301 compliance management certification, to enterprise risk frameworks, whistleblowing system design, independent internal audit, and board governance. All projects are EDGE grant eligible for qualifying SMEs, with up to 50% co-funding.
What is business continuity planning and why is it important?
Business continuity planning (BCP) identifies critical business functions, sets recovery time objectives (RTOs), and creates tested procedures to maintain operations during disruptions — cyber attacks, pandemics, supply chain failures, or natural disasters. ISO 22301:2019 is the international standard for Business Continuity Management Systems and is increasingly required by MAS-regulated entities and enterprise clients.
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the Requirement.
The first conversation costs nothing, and you speak with a senior consultant, not a sales team. Tell us what is behind the requirement, be it a tender, a customer audit or a regulator. We will assess your current position, check applicable grants and set out a realistic roadmap.