Over the last few years, the compliance function has been undergoing rapid transformation, impacted by new complex regulatory controls, technological disruptions such as Artificial Intelligence and cryptocurrencies, and malicious threats including cybercrime and data breaches. The torrent of new complex regulations has brought with it a huge shift in regulatory approach and intent. To ensure maximum adherence to these, industry leaders are starting to source new ways of addressing the various challenges they face in the most cost- and resource-efficient ways.
The next decade is expected to bring with it many challenges for compliance professionals. As such, the compliance function will be called to be more proactive and anticipate the developments that lie ahead so as to be better equipped to respond effectively to these challenges, to build on the capabilities of their compliance function and ultimately add real value to their business. It comes as no surprise then that the compliance function is entering a new phase of maturity with a growing focus on providing strategic value to the business, with compliance now having a more active role in corporate management.
The International Compliance Forum will welcome a number of high caliber international speakers who will discuss how the compliance function has progressed over the years, and exchange views on how organisations can use their compliance function to enable change and offer their business the competitive advantage it needs.