Compliance and Regulatory Risk Management
We Assist in developing and implementing an effective Risk-based Compliance Function in your business
What does Compliance Risk mean?
It is the risk of legal or regulatory sanctions, financial loss, or loss to reputation an organisation will suffer as a result of its failure to comply with all applicable laws, regulations, and codes of conduct and standards of good practice. To mitigate the compliance risk it must be determined what created the risk and what recourses are available to be utilised for this purpose.
Who Are We?
We are a dedicated group of Compliance Experts to help clients address regulatory requirements pertinent to their business activities and strategic objectives in an effective manner. Deloitte provides a wide range of services to clients who proactively seek to promote compliance standards, educate their workforce, and detect potential violations. We also assist clients in addressing identified compliance issues, interacting with regulatory authorities, and responding to inquiries, investigations and other regulatory issues.
Our service offering includes:
Compliance risk services
- Identifying & interpreting laws impacting the various areas within a business
Compliance audit services
- Review processes to include regulatory requirements/control points
Compliance advisory services
- Training, education and coaching employees
- Monitoring, guidance on corrective measures and tracking process
- Assist with reporting, including management action and consequence management
The Benefits to you – We will help you to build a Risk-based Compliance Function by applying the following principles
- Adopting an integrated view of Governance, Compliance and Risk
- Embracing the new vision of enterprise-wide compliance management
- Linking Enterprise Compliance Risk to driving value and enhancing performance
- Utilising IT Tools and Enablers to improve performance that already exists within most large organisations.
- Integrating Compliance Management into the core business processes:
Ethics and related compliance processes;
Managing Compliance culture change;
Risk-based Legislative and Regulatory implementation;
Enterprise Risk Management business processes
Working with our team to manage compliance risks will assist in achieving high quality results with regard to managing the business’ compliance and regulatory risks, assisting the business to develop a compliance culture and achieving the desired state of being compliant.
Key Contacts
Mark Victor
Director
Johannesburg
Tel: +27 (0)11 806 5594
Email: mvictor@deloitte.co.za
Kriba Moodley
Associate Director
Mobile: 083 327 4500
Email: kmoodley@deloitte.co.za
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