Now, more than ever before, compliance teams are tasked with the near impossible – mitigating heightened risk points while navigating the ever-increasing complexities of the UK regulatory landscape. The nuance and specificity required of such a position has placed enormous burden on those who take up the post of compliance officer.
However, UK financial firms continue to strive to meet the regulatory requirements despite potential financial strains from market trends placing increased burdens on resource and support budget.
This UK edition of COMPLY’s 2023 Chief Compliance Officer (COO) Playbook is intended to help CCOs, and other financial compliance leaders, better understand the current regulatory environment. The playbook analyses both internal and external challenges to help leaders better recognise and react to potential risk factors.
In the 2023 edition of the UK edition of COMPLY’s CCO Playbook, we highlight the trends and impending changes in regulatory compliance as well as what it takes to create an effective compliance program adaptable to the ebb and flow of compliance evolution. We also examine the integrated resources available to compliance professionals – including regulatory technology, education and outsourced services – in their pursuit of continued compliance. With a look into ongoing trends and expert advice from a leading compliance specialist, this playbook will equip compliance professionals with the means to successfully navigate regulatory compliance in 2023 and beyond.