Understanding the impact of regulatory challenges
2023 State of Regulatory Compliance
What’s in this report from Regology:
As the regulatory landscape continues to evolve at a rapid pace, compliance professionals are coping with an increasingly difficult job, and a new survey from Regology reveals how compliance teams are handling the changes.
For the report, Regology surveyed 127 people working roles like chief compliance officer, general counsel or risk manager. Here’s a look at some of the key findings:
- 58% of people said the biggest difficulty in regulatory compliance is the pace of change.
- 89% said their compliance job has gotten tougher over the past few years.
- 87% of compliance teams are evaluating the use of new technology.