Falling out of compliance can lead to significant costs and risks that no company can afford to ignore. Our Regulatory Compliance services aim to help you built strong defence mechanisms and efficient internal processes.
MAIN AREAS
WHAT WE OFFER
- Compliance GAP Analysis to assess existing controls and identify potential weaknesses and deficiencies
- Design of internal compliance policies and procedures
- Regulatory Compliance monitoring programs for continuous improvement
- Assessing staff compliance awareness levels
GDPR COMPLIANCE
EU General Data Protection Regulation
The European Union's General Data Protection Regulation (GDPR) is a landmark privacy law that came into effect on 25 May 2018, aimed at strengthening data protection for individuals within the EU and harmonising privacy practices across member states.
Designed to give individuals greater control over their personal data, the GDPR applies to any organisation—both within and outside the EU—that processes data relating to EU residents. Key principles of the regulation include transparency, accountability, and ensuring that personal data is collected, stored, and used lawfully. Organisations must implement robust data protection measures, such as obtaining clear consent for data collection, ensuring data security, and offering individuals the right to access, rectify, or delete their data. Non-compliance with the GDPR can result in severe penalties, including fines of up to €20 million or 4% of annual global turnover, whichever is higher.
For businesses, adhering to the GDPR is not just about avoiding fines; it is an opportunity to build trust with customers and demonstrate a commitment to ethical data practices. A solid compliance framework typically involves conducting data audits, appointing a Data Protection Officer (DPO), training staff on data protection principles, and establishing processes for responding to data breaches and user rights requests.
WHISTLEBLOWING COMPLIANCE
The EU’s Whistleblowing Directive 2019/1937 represents a significant step forward in ensuring transparency, accountability, and ethical practices across organisations operating within the EU. Officially adopted in 2019, the directive establishes a robust framework for the protection of individuals—commonly referred to as whistle-blowers—who report breaches of EU law. Its aim is to encourage a culture of openness while safeguarding whistle-blowers from retaliation, thereby fostering trust and integrity.
Under the directive, organisations with 50 or more employees, as well as public entities, are legally required to implement secure and confidential reporting channels. Compliance with the directive entails creating clear policies, conducting staff training, and ensuring that reported concerns are thoroughly investigated and addressed. Non-compliance can result in reputational damage, legal liabilities, and financial penalties.
Ultimately, the EU’s Whistleblowing Directive is designed to protect individuals who take a stand against wrongdoing, while also empowering organisations to identify and rectify issues before they escalate, strengthening the overall ethical landscape across the EU.
ANTI-BRIBERY AND CORRUPTION
The EU's Anti-Bribery and Corruption regulatory framework serves as a cornerstone in the fight against unethical practices across industries, ensuring integrity and transparency in business operations. This comprehensive framework encompasses various directives, regulations, and guidelines designed to prevent, detect, and address bribery and corruption within EU member states and organisations operating within its jurisdiction. By adhering to this framework, businesses not only comply with legal obligations but also demonstrate a strong commitment to ethical conduct, fostering trust among stakeholders.
At the core of the framework lies the enforcement of clear policies and procedures that organisations must adopt to mitigate corruption risks. These include effective due diligence measures, robust internal controls, and regular compliance training for employees. Companies operating in or with the EU are encouraged to implement a comprehensive compliance framework tailored to their specific risk profile, ensuring adherence to these regulations and promoting a culture of accountability.