Compliance Audits and Monitoring (individual audits or compliance monitoring platforms)

Compliance with regulatory requirements draws more attention from many businesses. These could range from regulations around financial reporting, bribery & corruption (e.g. UK Bribery Act, FCPA), environmental regulations, privacy regulations (GDPR) and specific industry or country regulations. Deloitte has a broad range of skills to support any Internal Audit function by involving the right (international) SMEs.

One of the areas we can support and which many companies struggle with is the establishment of an advanced compliance monitoring & audit platform, through the automated and continuous monitoring of your compliance risks through digitalization. This allows you to monitor your compliance risks in real time and take timely action when there are indications that compliance risks (might) occur. Such platforms could be integrated among the ‘Three-lines-of-defense’ functions to enable effective communication and alignment.