Compliance Teams Continue To Struggle, Says Thomson Reuters Annual Survey

Increased regulatory scrutiny, maturing regulatory frameworks and expectations around risk framework delivery are piling pressure on constrained compliance resources.

Compliance professionals globally continue to struggle under the weight of global regulation and need the support of the Board and supervisory authorities within their firms to deliver effective and stable risk management, according to a new survey by Thomson Reuters. Already stretched compliance functions will need to find ways to build and maintain relationships with regulators as well as help their Boards deliver an increasingly risk-focused agenda.