Compliance priorities are evolving to keep up with the demands of a fast-changing regulatory landscape. New generations of compliance functions are expected to efficiently navigate the complexities of changing risk and compliance landscape, protect brand reputation, act as an advisor to the entire organization to upkeep positive ethics and compliance posture – all this, with limited resources and budgets.
Establishing an effective compliance program is no longer just an option for organizations; it is a necessity. It is incumbent upon Chief Compliance Officers (CCOs) to rethink their compliance strategy to improve agility and efficiency.
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