Regulatory And Compliance Risk
Improving Regulatory Compliance Leads to Strong Corporate Governance
Compliance risk is the threat posed to an organisation’s financial or reputational standing resulting from violations of laws, regulations, codes of conduct, or organisational standards of practice.
In a highly regulated business environment like the UAE, strict guidelines have been established, and an organisation could potentially face stiff penalties in the event it’s found guilty of a compliance failure.Companies across all industries are navigating a proliferation of diverse regulatory requirements, stakeholder expectations, and business model changes.
As such, to mitigate against risk exposure, organisations are required to tighten their risk assessment process to fully incorporate compliance risk exposure.
Our teambrings deep regulatory experience and know-how to help your business build a compliance function that aligns with the vison, strategies and capabilities of the organisation.
Our ethics and compliance professionals will;
Apart from the above-mentioned, our team can also assist with:
Crowe Horwath proprietary models and technological platform enables organisations to stay up to date with the regulatory requirement and also helps their current systems to be tuned up to the latest developments to meet up with the ever evolving regulatory landscape.