Description
Book SynopsisAs risks arising within the business environment grow in size and complexity, so too do the regulatory requirements put in place to manage them. The pace of regulatory change is itself a significant business risk, and compliance departments are under increasing pressure to keep up with the change and adapt their organisations accordingly. This new edition of what has become an indispensable guide to regulation compliance brings readers up to date with changing areas of focus and provides guidance for regulated firms and regulators alike.
The Changing Function of Compliance considers the relationship between regulation and compliance as well as key influences on both, offering insight into the effectiveness of current approaches and addressing practical compliance challenges. It explains the purpose and development of regulatory risk management and the existing regulatory environment, and provides a detailed exploration of the compliance function, explaining how the role
Trade Review
"Sharon Ward has produced a defining book for the function and role of the Compliance function in the twenty-first century. Since its development from an internal control department to a more influential advisory role, there has been a tumultuous process of scandal, business misconduct and regulatory response that is still ongoing. The debate as to the nature of its activities, influence and strategic value within organisations bears the hallmarks of the birth of a profession. Her book is as timely as it is instructive; it is an invaluable read to accompany any effort to understand the value and role of the Compliance function, and a must-read for practitioners and legislators alike."
Anthony Smith-Meyer, Editor-in-Chief, The Journal of Business Compliance, Adjunct Professor of International Management and Organisational Behaviour at Miami University, MUDEC Campus, Luxembourg, and Founder of TheGovernanceProject.org
Table of ContentsPart I Compliance Context 1. Regulation and Risk 2. Influences and Influencers 3. Regulatory Risk Management Part II Compliance Focus 4. The Compliance Environment 5. The Compliance Framework 6. Compliance Activities and Approach Part III Compliance Development 7. Why Compliance Matters Now 8. Compliance Challenges 9. Enabling the Compliance Function 10. Conclusion
