Compliance Risk Study Shows Compliance Function Needs New Initiatives to Protect Its Hard-Won Gains

Financial institutions’ compliance functions have come a long way, but they still have some distance to travel before they reach the right strategic position within their organizations.  In Accenture’s 2016 Compliance Risk Study – based on a survey of more than 150 leading compliance officers at banking, capital markets and insurance institutions in the Americas, Europe and Asia-Pacific – we found that compliance functions are using their hard-won seat at the management table to provide...