{"id":2918,"date":"2021-05-31T14:39:56","date_gmt":"2021-05-31T04:39:56","guid":{"rendered":"https:\/\/insight.thomsonreuters.com.au\/business\/resources\/resource\/cost-of-compliance-2021-shaping-the-future"},"modified":"2021-06-24T09:51:17","modified_gmt":"2021-06-23T23:51:17","slug":"cost-of-compliance-2021-shaping-the-future","status":"publish","type":"insight_resource","link":"https:\/\/insight.thomsonreuters.com.au\/business\/resources\/resource\/cost-of-compliance-2021-shaping-the-future","title":{"rendered":"Cost of Compliance 2021: Shaping the Future"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Thomson Reuters\u202fRegulatory Intelligence\u202fhas carried\u202fout its 12th\u202fannual\u202fsurvey on the cost of compliance,\u202ffocusing on\u202fthe challenges the compliance functions at financial services firms around the world expect to face in the year ahead.<\/h3>\n\n\n\n<p>The report has become the&nbsp;trusted and acknowledged voice of risk and compliance practitioners around the world.&nbsp;TRRI\u2019s unparalleled interaction with the global financial services industry \u2014 coupled with the frank and wide-ranging issues and concerns shared by practitioners \u2014 continues to inform a unique insight into the practical reality and challenges faced.<\/p>\n\n\n\n<p>The Cost of Compliance 2021 report highlights a need to support wider cultural, operational (including technology) and people requirements but all will require future investment and resources. Compliance officers seem to be taking a pragmatic view.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Complete the form to <strong>download the&nbsp;report<\/strong> which covers the following&nbsp;key&nbsp;topics:\u202f<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Challenges in the coming year for board&nbsp;and compliance functions&nbsp;<\/li><li>Culture and conduct risk concerns&nbsp;<\/li><li>Ideal future of the compliance function<\/li><li>Regulatory&nbsp;change<\/li><li>Budgets&nbsp;<\/li><li>Outsourcing and technology<\/li><li>Personal liability<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-center\">To read more about the cost of compliance in the APAC region, visit our&nbsp;<a href=\"https:\/\/insight.thomsonreuters.com\/sea\/business\/posts\/blog-apac-regional-spotlight-from-cost-of-compliance-2021-shaping-the-future-2\">latest blog post here<\/a>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">About the authors<\/h4>\n\n\n\n<p><strong>Susannah Hammond<\/strong><\/p>\n\n\n\n<p>Susannah Hammond is senior regulatory intelligence expert for Thomson Reuters with more than 25 years of wide-ranging compliance, regulatory and risk experience in international and UK financial services. She is co-author of \u201cConduct and Accountability in Financial Services: A Practical Guide\u201d published by Bloomsbury Professional.<\/p>\n\n\n\n<p><strong>Mike Cowan<\/strong><\/p>\n\n\n\n<p>Mike Cowan is a senior regulatory intelligence expert for Thomson Reuters with over 25 years\u2019 experience of compliance, regulatory, risk and internal audit in UK financial services as regulator and practitioner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thomson Reuters\u202fRegulatory Intelligence\u202fhas carried\u202fout its 12th\u202fannual\u202fsurvey on the cost of compliance,\u202ffocusing on\u202fthe challenges the compliance functions at financial services firms around the world expect to face in the year ahead.&hellip;<\/p>\n","protected":false},"author":107,"featured_media":2919,"template":"","categories":[660],"tags":[1122,457,897],"resource_type":[624],"insight_job_role":[900,775,710,714,804,1083,715,793,818,722,903,732],"insight_practice_area":[],"class_list":["entry","author-corpadmin","post-2918","insight_resource","type-insight_resource","status-publish","has-post-thumbnail","category-governance-risk-compliance","tag-compliance-learning","tag-regulatory-intelligence","tag-risk-and-compliance","resource_type-report","insight_job_role-anti-money-laundering-officer","insight_job_role-audit-manager","insight_job_role-chief-executive-officer","insight_job_role-chief-operations-officer","insight_job_role-chief-risk-officer","insight_job_role-company-director","insight_job_role-compliance-risk-manager","insight_job_role-compliance-officer","insight_job_role-general-counsel","insight_job_role-general-manager","insight_job_role-money-laundering-reporting-officers","insight_job_role-vice-president","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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