As the pandemic enters its second year and economic uncertainty abounds, are compliance practitioners truly prepared to meet continuously heightened local—as well as supranational—requirements and regulator expectations?

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Last year, BCM’s 7th annual occupational field study assessed compliance through the lens of business leadership and helped highlight the challenges that compliance practitioners in Germany/Austria and Switzerland are currently facing. Specifically, although business leaders consistently view compliance practitioners as senior-level educators, consultants and translators of legal requirements, the compliance function’s direct impact on the organization lags behind.

In Compliance Manager Magazine, Julia Arbery outlines how compliance professionals should use the shifting regulatory environment to demonstrate how the robust compliance protocols encouraged by the new guidance can be good for business, even when conditions normalize.

Read the full article.