Prepare and respond to risk to remain competitive
Dennis Chesley, PwC’s Global Risk Consulting leader, said: “Risk assessment is essential for all businesses. With this firmly in mind, we help each of our clients to prioritise regulatory compliance to help them grow more effectively.”
Naima Hoque Essing, Senior Research Analyst, Risk Consulting Research, ALM Intelligence and author of the report noted that PwC advises and prepares clients for the impact of evolving regulation on their industry, business, and compliance operations. The firm assists them in implementing required change across their governance, organisational structure, operating processes, systems, and culture in a manner that promotes sustainability and mitigates risk associated with noncompliance.
She also commented that:
“PwC helps clients protect, prepare for, and respond to risk throughout the end-to-end compliance lifecycle from strategy through execution. The firm aims to be a trusted advisor in informing clients of the impact of regulations or other obligations on their business and strategy. Upon collaboratively working with the client to develop an appropriate approach, the firm executes this strategy using a three-lines-of-defense framework to clarify roles and responsibilities and unite isolated cross-functional compliance activities into an integrated, consistent, and holistic risk and compliance management programs that enhances an ethical culture, protects the organisation from noncompliance risk, and enables agility to adapt to change.”
Dennis Chesley added:
“We’re delighted to be recognised as a leader for Regulatory Compliance Program Consulting by ALM Intelligence. We advise and educate our clients on the impact that evolving regulatory requirements can have on their strategy and operations. We also help them to build effective compliance programs so that they can stay ahead of their competitors and create advantages for themselves.”
*ALM Intelligence, formerly Kennedy Consulting Research & Advisory.
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Robert DonnellyPwC Global Analyst RelationsUnited Statesrobert.firstname.lastname@example.org+1 917 471 3355