Shivendra Jha
Partner - Head of Advisory Services and International Liaison Partner (ILP)
Overview
Changes to key regulations, increased regulatory enforcement, and growing costs of legal suits, fines and penalties, have made compliance-related risks a key agenda in boardroom discussions. Successfully managing compliances and proactively mitigating risks arising out of any non-compliance is increasingly gaining importance as businesses seek to minimise related risks, and in certain instances, severe outcomes such as license revocation and employee attrition.
Our Global Compliance Management Solution is an innovative solution for managing compliances effectively and timely. Designed in partnership with a leading technology firm, the solution enables companies to stay updated with regulatory changes and ensure compliance, thereby mitigating legal, regulatory and financial risks.
How BDO UAE Can Help
Our solution ensures the best outcomes through the following features:
5000+ regulations mapped globally
100+ countries’ compliance checklists mapped
Identifies the regulatory universe and creates central monitoring of all regulatory obligations
Easy to implement, user friendly; based on cloud (no IT infrastructure required from the company)
Reduces risks with proactive monitoring
Inbuilt compliance advisory (event-based)
Dashboard reflecting non-compliances impacting the board
World map with drill-down option from country to state to unit
