Solution introduction
Organisations need critical help in translating changing regulatory landscapes into practical actions, while simultaneously finding more efficient ways to operate and to derive value from regulatory related activity
Deloitte helps clients become more proactive in their regulatory functions and unlock value. Our regulatory compliance solutions offer a comprehensive approach to helping clients strengthen their reputations while enhancing business performance and improving customer service. Deloitte provides advice and delivers innovative regulatory requirements management solutions that help our clients deliver their strategy.
Key challenges include:
- Regulatory complexity: Clients are facing increased regulatory examination, inspections, enforcement actions and penalties. Furthermore, they have to manage new regulatory requirements and oversight from numerous regulators, while complying with multiple jurisdictions with complex and sometimes conflicting laws/regulations.
- High compliance operating costs: Clients often face high costs of compliance, find it difficult to attract and retain the right talent, and have a fragmented approach to regulatory and compliance change management. Compliance is often bolted on rather than integrated into business processes, with limited use of emerging technologies.
- Limited line of sight: Organisations often have a lack of integrated systems, making aggregation and reporting on compliance risk complex. Boards of organisations often have limited line of sight into compliance management on the ground.
How Deloitte can help
The Risk Advisory Regulatory Risk practice helps clients to assess, design, deploy and monitor global regulatory compliance across their businesses in order to address these challenges. The Regulatory Risk areas we cover include but are not limited to Anti-Bribery and Anti-Corruption, Counter Fraud, Export Controls & Sanctions, Health, Safety & Environment, Life Sciences & Healthcare, Privacy and Sustainability.
Our team includes regulatory experts and industry specialists, who have significant experience in helping our clients manage the most complex global regulatory requirements. The team specialises in modernising compliance functions and programmes across all sectors.
