Transformation of Compliance | KPMG | KR

Transformation of Compliance

Transformation of Compliance

We emphasize that compliance has become an important area that needs to be systematically managed at an executive level of a firm. Furthermore, we observe the effects on firms due to digitalization and automation of the compliance system.

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We are inspecting the effects on firms due to digitalization and automation of compliance systems. Today, a ‘burden of regulation’ is at its peak for multinational firms. Facing this ‘burden of regulation’ means financial and reputational risks are being exposed. Since each country imposes a different set of regulations, companies bear tangible or intangible costs. 

We emphasize that compliance has become an important area that needs to be systematically managed at an executive level of a firm. Furthermore, we observe the effects on firms due to digitalization and automation of the compliance system. 

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