The future of compliance has been saved
Perspectives
The future of compliance
Building strong compliance mechanisms “now” for a robust “next”
In the current compliance and risk landscape, compliance has shifted from a discretionary activity to a mandate for organisations. Lapses or violations can potentially subject the senior leadership to legal action and penalties. Furthermore, infractions of the law and regulations can pose a significant threat to an organisation's reputation, especially considering the growing number of rules and regulations and heightened sensitivity to climate change and environmental concerns. While implementing compliance programmes might present challenges for some enterprises, many are actively working towards achieving their compliance goals.