Compliance, Ethics & Sustainability An international journal with a European focus 2024 nr. 2

Navigating Global Compliance Landscape: Insights and Strategies

Leen Groen and Serap Tutkun1

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The emergence of a rapidly changing business environment, marked by increased public policy and regulatory activity, is putting pressure on companies everywhere. The potential consequences of non-compliance are significant, and companies need to meet the expectations of regulators, consumers, investors, employees, the media, and the public. This increased scrutiny brings additional risks, including data privacy, cybersecurity, and environmental, social and governance ('ESG'), which cannot be ignored.
The Chief Ethics and Compliance Officer ('CCO') is at the center of these challenges, responsible for ensuring that the organization follows all applicable laws and regulations, and adheres to ethical and corporate governance standards. CCOs must also understand and manage risks, propose policies and procedures, and monitor for potential issues. The emergence of technology like Artificial Intelligence ('AI') and data analytics offers a wealth of opportunit...

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Verder in dit artikel:

1. Introduction

2. Key insights

2.1. Regulatory Challenges: A Global Concern

2.2. Focal Points for Improvement: Data Culture and Third Party Risk Management

2.3. The ESG Factor: Regulatory Scrutiny in Europe and in the Netherlands

2.4. Harnessing Technology for Compliance Management

2.5. The Human Element: Encouraging Compliance Culture Across Organizations

3. Actions Required by CCOs in Addressing Challenges

4. Conclusion

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Artikel informatie

Type
Artikel
Auteurs
Leen Groen and Serap Tutkun1
Auteursvermelding
Ik ben auteur van dit artikel
Datum artikel
Uniek Den Hollander publicatienummer
UDH:TvCo/18134

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