Regulatory compliance and reporting

Regulatory compliance and reporting needs to be viewed as a natural extension of the governance duties shouldered by top management and corporate boards. Moreover, only good governance can ensure that compliance is aligned with the company’s business objectives and risk management strategies — and is thereby adding real value (and not just cost) to the organisation. Ultimately, the goal is to ensure that the spirit of compliance — as well as the letter of the law — is embraced in every corner of the enterprise.

If this is your situation

  • You are thinking of setting up a new regulated business.
  • You don't know whether your company is in compliance with regulatory rules.
  • Your company’s compliance costs are out of control.
  • You need to plan for staff training in light of new compliance issues.
  • Proposed regulations might destroy your business or lead to a loss in competitive advantage.
  • You are concerned about the reputational risk from failing to comply with regulations.
  • You want to confirm that your company’s sales force is complying with the sales and marketing code of conduct.

How PwC can help you

For all organisations engaged in activities that come under the control of a regulator, PwC provides support, advice, and assurance to help you manage your regulatory risks. In an ever-changing regulatory environment, we help ensure that you identify, manage, and control any existing and future regulatory risks. A proactive rather than a monitoring approach to regulation is now a full time strategic necessity.

Our teams consist of experienced regulatory risk specialists who not only know the rules, but have also help implement these and assessed compliance against them. Our people can help you at the strategic level — by maximising any competitive advantages from regulation through to the operational level and by minimising the costs and disruptions to your business, thereby freeing up management time in the process.

  • Advice and assistance with getting your business authorised by a regulator
  • Assessment of your current and future regulatory risk profile and impact of new regulations
  • Independent assurance on regulatory financial statements
  • Developing and implementing a risk-based compliance control framework and monitoring programme
  • Evaluation of new regulations on your business model
  • Advice and assistance with regulatory relations and in meeting regulatory standards and expectations
  • Assistance and support in dealing with regulatory enforcement actions and remediation exercises