The changing compliance landscape
With compliance visibility coming into sharper focus within businesses in Australia after the 2017 Royal Commission, many companies have undergone organisational changes to prioritise effective compliance and risk management in response to an increasing regulatory environment.
But as business leaders dedicate more resources towards improving compliance management, many are still reluctant to adopt newer technologies like cloud storage due to perceived security risks. While this hesitance isn’t surprising, it can potentially lead to a tougher time when attempting to improve regulatory compliance.
What’s next for Australian companies
Learn what Australian companies can do to develop a positive risk culture, how they can gain an understanding and trust of advanced technology to effectively partner with RegTechs, and what leaders should do to solve regulatory challenges.
