Compliance effectiveness: A discussion on the trends and industry practices in a virtual world
Regulatory complexities continue to grow, while the pace of new products and services has accelerated and innovation and regulatory technology (RegTech) solutions are becoming commonplace. In this episode, Matt Shelhorse joins Chad Gerhardstein to discuss the need for compliance program effectiveness in this environment, including the key compliance elements and trends in this remote and virtual environment.We discuss the following questions:1:10 - What is compliance effectiveness as we refer to it?2:07 - What are some of the broader trends around compliance, specifically in this heavily remote and virtual environment?5:14 - Where do you see heightened risk and regulatory focus shifting over the next 12 to 18 months?7:57 - How is the existing use of technology and the potential new uses driving change for compliance programs?11:05 - How are we seeing organizations react to and prepare for the recent DOJ sentencing guidelines?15:06 - Is now the right time for initiating new compliance projects and rethinking the overall compliance strategy as well as transformation?https://www.pwc.com/us/en/services/risk-assurance/podcasts/compliance-effectiveness.html