Legal, risk and compliance leaders face a rapidly evolving global regulatory landscape, including increased scrutiny and enforcement. Companies are seeing an increase in trade sanctions, including associated export and import controls, interactions with governmental officials and trade-based money laundering concerns. To effectively protect your company, you must be able to anticipate and respond confidently and comprehensively to whatever is on the horizon.
From handling enormous amounts of data and associated cyber and privacy concerns to understanding your third-party network and associated risks, the compliance stakes are high.
As economic headwinds continue, the challenges of balancing growth with risk while maintaining cost controls amid tight budgets and constrained talent add an extra layer of stress.
Successful corporate governance and compliance means you’re minimizing reputational risk—including potential fines, penalties and claw backs—and staying out of the news. The best defense is a good offense. To insulate your company, design and implement an effective ethics and compliance program that leadership enforces, periodically evaluates and improves over time.