With increased regulatory pressure and operational complexity, as well as a widening gap between external demands and internal capabilities, traditional approaches to Compliance are no longer fit for the future. This is reflected in our 2019 Compliance and Risk Study. Regulations are getting tougher, budgets tighter and the price of compliance is growing. Plus, Compliance leaders are expected to proactively identify new risks and to support sustainable business growth.
As Compliance’s role shifts from reactive to strategic, its responsibilities are expanding to include risk management and enterprise-wide advisory services. The result: Compliance leaders need to redesign their operations for the future.
By moving compliance related functions to an intelligent operating model, you will be able to cost effectively keep pace with regulatory demand, provide strategic guidance, and drive sustainable growth.
SLIDESHARE – The changing role of compliance