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Proactive, strategic planning by compliance programs will be critical to building and maintaining competitive advantage. Currently, about 80% of respondents describe themselves as doing the minimum to comply with regulatory requirements.

Investment in compliance shows no sign of slowing, with firms in Europe and North America both viewing analytics and risk modeling as a focus of investment to help predict and mitigate compliance events.

FURTHER INVESTMENT IN COMPLIANCE IS NEEDED TO ACHIEVE STRATEGIC GOALS.

THE SIZE AND SHAPE OF COMPLIANCE PROGRAMS CONTINUE TO EVOLVE, AND COMPLIANCE HAS MADE SIGNIFICANT PROGRESS IN INCREASING ITS STATURE AND ROLE WITHIN THE ORGANIZATION.

RESPONDENTS WERE MORE CERTAIN THAN THEY WERE IN 2012 THAT INVESTMENT IN COMPLIANCE PROGRAMS WOULD INCREASE.

WITH A MAJORITY OF RESPONDENTS EXPECTING SPEND TO GROW BY 10 TO 20% OR MORE OVER THE NEXT TWO YEARS.

THE HORIZON IS CONTINUALLY MOVING, AND COMPLIANCE PROGRAMS ARE ALREADY SETTING PRIORITIES FOR THE FUTURE OF THEIR COMPLIANCE FUNCTION.

34% OF SURVEY RESPONDENTS ARE CURRENTLY TRYING TO EXPAND HEADCOUNT.

THE COMPETITION FOR TALENT HAS BECOME A BARRIER TO SUCCESS.

WHILE AN ADDITIONAL 46% ARE PLANNING SUCH INCREASES.

31% OF RESPONDENTS STATE THEIR COMPLIANCE PROGRAMS REPORT TO THE BOARD.

WITH ANOTHER 40% REPORTING THEIR COMPLIANCE PROGRAMS TO THE CEO.

For more information please visit www.accenture.com/complianceriskstudy2014

Accenture 2014 Compliance Risk Study

Compliance’s Seat at the Table – Hard to Earn, Hard to Retain