The complete guide to compliance and compliance risk management.

Compliance risk is an operational risk and should be managed accordingly.

We live in a world of rules. Breaking them brings regulatory action, fines and damage to reputation, and it harms the customers, staff and communities who rely on you.

Yet managing compliance is hard for most businesses, simply because of the number of obligations involved and how often they change.

This guide gives a practical overview of how to identify, record and manage compliance obligations across the business. It also shows how to treat compliance risk with the same discipline as any other operational risk.

What you will learn

• Understanding your compliance requirements
• The difference between compliance and compliance risk management
• Creating and rating obligations
• Recording the information and links each obligation needs
• Keeping the obligations register up to date
• Establishing policies, processes and procedures
• Carrying out day-to-day compliance functions
• Managing compliance risk
• Reporting on each part of the compliance process

Who should read this eBook

• Compliance officers and managers building or refreshing an obligations register
• Risk managers who want compliance risk handled within the wider risk framework
• Legal teams and company secretaries responsible for regulatory obligations
• Internal audit teams reviewing compliance processes
• Business leaders who need clear reporting on where the business stands

How Protecht can help

Protecht brings obligations, policies, controls, breaches and attestations into one platform, linked to the risks they affect. Teams can:

• Keep a single obligations register mapped to owners, controls and policies
• Run attestations and track breaches through to remediation
• Report compliance status to executives and the board from live data

Protect your business with one connected platform to manage obligations, monitor compliance, run reviews and stay ahead of regulatory change.

Find out more

Request a demo to see how Protecht allows you to manage compliance obligations, change and evidence in one place.