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.