Fully contextualised due diligence for informed decision-making
Turning compliance into a competitive advantage
Creating a Compliant Organisation
Compliance is always a challenge. Being compliant is more important and ever more complicated as overlapping regulatory regimes extend their reach across multiple sectors. Turning compliance into a competitive advantage and not just a bureaucratic duty is our mission at Control Risks.
Big data, complex supply chains
Data proliferation adds to the complexity and vulnerabilities of global organisations that are geographically dispersed and intricately structured. Our technology solutions and cyber security professionals give you visibility and control of your information. Across the world they work alongside our CPAs, lawyers, fraud examiners, and former law enforcement officers to ensure that you create a truly compliant organisation.
Creating a compliance culture
With decades of experience in the world’s most challenging jurisdictions, we are under no illusion how tough it can be to have the certainty that your organisation is not just theoretically meeting abstract regulatory standards. Compliance departments need to have their voice heard among the many competing interests that influence corporate decision making. The team at Control Risks is designed to help you build an embedded compliance culture that can adjust to the changing demands of global business and regulators.
Foreign companies operating in China will find it difficult to decipher exactly who is captured and what is covered by the new cyber security law, leaving them unsure as to how they will comply with this vague and potentially onerous law.
Many companies simply aren’t aware of issues until it’s too late. There must be real rigour behind periodic review and monitoring.
If these proposals are passed into law, it will be much easier to bring successful foreign bribery cases to court. However, the legislation is unlikely to be retrospective.
Hui Chen, the closest thing corporate compliance has to a rock star, discusses the current state of regulatory enforcement.
What should the Chief Compliance Officer do to ensure their compliance programme is effective? Monitoring and detection are key.
The decision to lift sanctions after more than 20 years was made in the last days of former US President Barack Obama. Few companies took notice at the time.