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Accenture Compliance Risk Study 2016

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Accenture Compliance Risk Study 2016

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Demand on the compliance function has grown, but the function’s growth in stature is slowing. Balancing limited resources with growing demand, compliance leaders will need to make some choices. Accenture’s infographic highlights the challenges facing today’s compliance function. Visit accenture.com/ComplianceRiskStudy2016.

Demand on the compliance function has grown, but the function’s growth in stature is slowing. Balancing limited resources with growing demand, compliance leaders will need to make some choices. Accenture’s infographic highlights the challenges facing today’s compliance function. Visit accenture.com/ComplianceRiskStudy2016.

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Accenture Compliance Risk Study 2016

  1. 1. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. 16-1026 Compliance at a Crossroads: One Step Forward, Two Steps Back? Accenture’s 2016 Compliance Risk Study Demand on Compliance continues to grow in scale and complexity. Decisions to be Taken, Choices to be Made Results from Accenture’s 2016 Compliance Study indicate Compliance is at a key inflection point in its development. Having gained a “seat at the table” after the global financial crisis,1 Compliance organizations have been given a mandate for disruption, to develop more forward-looking capabilities and be an “ethical monitor” for its institutions.2 Today, Compliance finds itself wanting to step into the role of strategic advisor but seemingly constrained by the weight of day-to-day operations managing an ever more complex ecosystem. of respondents agree that a stronger Compliance role in front line processes will create a risk for its independence For more information, please visit: www.accenture.com/RegulatoryCompliance The growth in Compliance stature appears to be slowing as it re-defines its remit and balances advisory and control responsibilities. As more Compliance organizations strengthen their operations, meaningful results should continue to be delivered against more complex stakeholder expectations and within a clearly defined mandate. 63% 1 Compliance's Seat at the Table: Hard to Earn, Hard to Retain - Accenture 2014 Compliance Risk Study 2 Be the Disruptor, not the Disrupted: Accenture 2015 Compliance Risk Study of respondents list cyber risk among the top three challenges for Compliance over the next 12 months50% of respondents agree that Compliance will optimize operations in order to manage a more complex set of risks under tighter resourcing conditions 81% of respondents agree that senior data officers will emerge as a critical organizational link for Compliance87%

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