A Business Forum Open Discussion Luncheon

Organizations today are waking up to the realities of managing a fast-moving business in a permanent regime of complex regulatory compliance. SOX, HIPPA, Basel II and a myriad of other regulations are driving companies to implement sophisticated compliance frameworks in record timescales and with unprecedented levels of budget and resource. Compliance functions are on a steep learning curve to design cost-efficient processes that can be easily repeated across a changing business and technology landscape. Organizations are asking the question.  How can we reduce the ongoing cost and complexity of compliance? The answer is: By taking a smarter approach that draws on established best practices and exploits the tools and knowledge base that already exists.. This paper sets out the principles and pointers to enable organizations to develop an efficient, long-lasting and adaptable compliance framework that will mitigate risks, reduce the costs of incidents, and meet the requirements of the most demanding auditors.