2023 is set to bring about significant change for compliance executives. The global pandemic has exposed businesses around the world to a variety of multi-dimensional risks, resulting in increased regulatory scrutiny, enforcement measures, and non-compliance penalties.
Consequently, Chief Compliance Officers (CCOs) of global organizations, irrespective of their size, are now expected to do more than just ensure compliance with industry regulations. They must lead the way in implementing robust compliance programs that enhance operational efficiency, reduce costs, and establish credibility with their boards.
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