The heavy burden on Compliance Officers
Compliance has a cost. But non-compliance can be costlier. It could run into millions and billions as in the case that Ford Motor Co. is currently fighting. Ford Motor Co.…
Influence of Technology on Compliance
In the last blog, I have covered Impact of Data Protection and Data Localization Regulations, one of the key trends unfolding across multiple geographies. There is one more trend slowly…
Regulations across Countries for Protection of Data
“Change is the only constant in life.” – Heraclitus. The Greek Philosopher’s words aptly apply to compliance as well. The latest developments in compliance are no less than paradigm shift.…
Why are your clients interested in your Internal Control processes?
In the previous two blogs we saw how Protection of Rights and Economic rationales influence public policies and compliance regime. In addition to these two reasons, companies set certain internally…
Protection of Rights is the Right Thing To Do
“We welcome regulations and are very happy to comply!” rarely said any business leader ever. Often compliance is seen as unnecessary burden, and sometimes, it is felt to be detrimental…
How can a company save cost by adopting Compliance?
This may sound counter-intuitive to many of us. Are the compliance tasks not additional work? Is the compliance expense not an overhead cost? The fact is top management spends lot…