Thomson Reuters surveyed compliance practitioners from financial services firms around the world, to canvass their views on the costs of compliance and the greatest challenges they expected to face during the year ahead.
Results of the 2012 Thomson Reuters Board Governance Survey.
While most firms appear to be aware of the decisions that need to be taken around FATCA minimal regulatory guidance, lack of budgetary allocation and partial board awareness threaten to stretch already saturated risk and compliance functions in the financial services sector. Read the full report and benchmark your operations.
Thomson Reuters Governance, Risk and Compliance surveyed more than 500 compliance practitioners from financial services firms around the world between November 2011 and January 2012 to canvass their views on the costs of compliance and their greatest challenges for the year ahead. The results reflect the continued focus on regulation and compliance in the aftermath of the global financial crisis and the ever-increasing complexity and volume of requirements.
Thomson Reuters recently surveyed over 1,500 global internal audit practitioners to canvass their views on the state of internal audit and their greatest challenges for the year ahead. Read the special results report for insight on current trends and issues facing the internal audit profession.
In August-September 2011, Thomson Reuters Governance, Risk and Compliance surveyed Corporate and Company Secretaries and General Counsel to provide a benchmark for the landscape of board behaviour, particularly their approach to communications, technology and security against a backdrop of regulatory change and increased scrutiny.
Thomson Reuters polled more than two thousand senior governance professionals, compliance officers and legal counsel who serve financial services and other highly regulated industries. The survey highlights the impacts of the ongoing increase in regulations on companies and the overall economy and highlights a desperate need for companies across the globe to find more efficient and effective ways to deal with governance, risk and compliance.