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The Compliance Horizon report
The Risk Advisory Group surveyed 157 professionals who handle compliance as part of their current role. The survey was conducted online in October 2016. 

The survey was based on discussions with Risk Advisory key clientele as well as members of their Women in Compliance networking group.


 


About The Risk Advisory Group
The Risk Advisory Group is a leading independent global risk consultancy that helps businesses grow whilst protecting their people, their assets and their brands.

By providing facts, intelligence and analysis, The Risk Advisory Group helps its clients negotiate complex and uncertain environments to choose the right opportunities, in the right markets, with the right partners.

The company was founded in 1997, employs 140 people and has offices in Washington DC, London, Moscow, Al Khobar, Dubai and Hong Kong.

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The Risk Advisory Group surveyed over 150 compliance professionals to pinpoint the key issues for the industry going into 2017.  

In our Compliance Horizon report we examine how issues ranging from uncertainty surrounding geopolitical events to the need for increased efficiency are affecting today’s compliance teams.



Key Findings:
  • Ambiguity caused by geopolitical shocks such as Brexit and the US election are front of mind for the compliance industry as it plans for the future
  • 53 per cent of compliance professionals cited the threat of a recession as the biggest external risk facing their business in the year ahead, with Brexit as their second biggest concern
  • 80.5 per cent of compliance professionals identified Donald Trump as the presidential candidate who posed the greater threat to the compliance profession
  • 73 per cent of the compliance professionals we spoke to think that their budgets will either be cut or stay the same in 2017 and 48 per cent said it would take an internal investigation to drive any increase
 
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