The role of the compliance function is to support the business in managing risks arising from new and often complex regulations, and where possible, help identify and predict new compliance risks in good time.
CyberSpeil definition of compliance includes the risk of regulatory sanctions, financial or reputational loss arising from non-compliance with laws & regulations, internal and external requirements ethical standards and market expectations.
Development and performance of risk analysis
Design and implementation of compliance monitoring and activity plans
Outsourcing of the compliance function
Design and implementation of internal policies
Ongoing compliance support