For professional services firms the challenge of staying on top of legislation while applying it to their own internal operations is clearly crucial. Yet many are struggling to keep up with the deluge of new rules being introduced across the globe.
Staying compliant has become harder as professional services firms have become more globalized. When operating across borders, they face a battery of different regulations – from rules around market abuse to data protection, and from certification to accounting practices. Instigating the right compliance processes is central. Firms must devise a detailed compliance strategy.
of CEOs say compliance is a top improvement priority
of CFOs surveyed say their HR data does not meet GDPR or other data protection requirements
of decision-makers feel unprepared for the arrival of disruptive technologies