“We are in a period of discordant and highly sensitized public policy—as well as intense regulatory activity—affecting all industries.ÌýCompliance feels acute pressure to enhance—not only to be more effective and efficient—but to also meet increasing boardÌýand regulator expectations.ÌýTechnology and data analytic investment to the Ethics & Compliance function is no longer a 'nice-to-have;' it’s a necessity to help mitigate, measure, and identify risk.​â€�
- Amy Matsuo, Principal and National Leader, Compliance Transformation & Regulatory Insights
°Õ³ó±ðÌýÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø 2023 CCO Survey: Anticipating more scrutinyÌýdraws on the perspectives of 240 Chief Ethics & Compliance Officers (CCOs) representative of the largest companies operating in six industry sectors who provided insights into their current focus and two-year outlook on key areas of ethics and compliance including regulatory complexity, operational challenges, ethics and firm culture, sustainability/ESG and evolving technology. See highlights below and download the full point of view for details, key drivers, and actions leaders can take related to these key findings.
1
Pressures coming from boards and regulators.
2
New regulatory requirements top concern.
3
Industry regulations in focus for improvement.
4
Compliance programs in development.
5
Compliance technology and data analytics top areas to enhance.
6
Pressures on Compliance from boards and regulators
Pressure to Enhance Compliance
New regulatory requirements top the list of looming challenges
Top Compliance Challenges
Industry regulations in focus for compliance improvement
Top Areas to Improve
Sustainability/ESG compliance in development
Maturation
Compliance technology and data analytics are top areas to enhance
Compliance technology and data analytics are top areas to enhance
Accountability and talent shortages/retention top workforce woes
Compliance FTEs
Read the full survey report including industry observations.
Anticipating more Scrutiny
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