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ARTICLE · 08 JANUARY 2020

Stumbling Blocks To Compliance

A fundamental yet often ignored step in ensuring compliance is due diligence.

IndiaCompliance
Prasad Shetty
Prasad Shetty

Corporations around the world are spending significant resources and effort in building and sustaining robust compliance programs. However, despite these efforts there is an increasing trend in violations and enforcement actions. Executives are placing more emphasis on making the compliance program succeed amidst complex business operations, geo-political challenges, competitive pressures and financial stress.

In many organisations, there are barriers to overcome – or, red flags, that influence the success of a compliance program. In this article, FTI Consulting identifies some of the stumbling blocks of implementing an effective compliance program and the measures companies can take to mitigate and overcome these challenges.

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