Compliance

Overview

Compliance is more than just satisfying regulations. It also means understanding and delivering on the expectations of all internal and external stakeholders, taking both legal obligations and voluntary standards into account.

As a result, it’s essential to make sure your compliance processes meet, identify, and prioritise your stakeholder requirements, that you measure and monitor their effectiveness, address any weaknesses and provide adequate reports.

With so many obligations and potentially different attitudes towards compliance, many organisations can end up with a fragmented and contradictory patchwork of processes. That doesn’t necessarily mean that some centralised ‘Big Brother’ approach is always the answer, but certainly in most organisations there is scope for savings and efficiencies, as well as better compliance.

Potential issues

  • You are concerned about the reputational risk from failing to comply with relevant regulations.
  • You need help coordinating your compliance framework and identifying gaps in your processes.
  • You are concerned about how to deliver regulatory change in your organisation due to differences in attitudes and appetite for change.
  • You are unsure how to solve current compliance issues within your organisation.
  • There are too many regulations for you to cope with.

How can we help?

We have extensive experience helping organisations across a range of industries in designing, building and assessing the appropriate culture, processes, controls and tools for effective compliance. We can help you by:

  • Implementing a risk based compliance framework
  • Assessing your compliance framework
  • Helping you to meet your compliance obligations
  • Assisting you in delivering regulatory change
  • Solving known compliance issues
  • Providing supplementary resources to augment your compliance function capabilities.

Contact us

Rosie Owens

Senior Manager, PwC Ireland (Republic of)

Tel: +353 1 792 6014

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