StarCompliance Enhances Support for Compliance Teams
In an ever-evolving regulatory landscape, compliance teams are feeling the pressure. StarCompliance, a global leader in employee compliance technology, has risen to the occasion by releasing an updated edition of its flagship guide titled, "Riding the Regulatory Wave: A Guide to Navigating the Currents of Employee Compliance." This revamped resource aims to equip compliance professionals with innovative insights and practical tools necessary for developing resilient, technology-driven compliance programs.
Statistics reveal a clear trend: compliance professionals are overwhelmed. A recent survey by Compliance Week and Resolver found that 32% of respondents rated managing regulatory changes as their biggest challenge. As businesses expand globally and regulatory scrutiny intensifies, it becomes crucial to comprehend evolving mandates across diverse regions to achieve compliance. Notably, a 2024 Thomson Reuters report indicated that while 77% of compliance leaders expect an uptick in regulatory burdens, only 34% feel adequately prepared to manage them.
Jennifer Sun, CEO of StarCompliance, emphasizes that, "The changing regulatory landscape demands smarter tools, deeper knowledge, and ongoing training. Compliance teams need more than just understanding; they require a structured plan. This updated guide serves as both a roadmap and a toolkit for organizations to confidently anticipate global regulatory demands."
The guide delves into five critical areas:
- - Diverse Global Regulations on Cryptocurrencies: As cryptocurrencies become increasingly prominent, understanding their regulations is essential for compliance.
- - Enhanced Oversight of Insider Trading and Shadow Information: Companies must tighten controls to prevent insider trading.
- - Expansion of Individual Liability Regimes: Understanding individual accountability in compliance is paramount.
- - Emerging Risks with Remote and Hybrid Work Models: Compliance teams must navigate the complexities introduced by these new work environments.
- - Growing Need for Technology-Driven Compliance Solutions: Leveraging technology is vital in modern compliance programs.
StarCompliance remains steadfast in its commitment to address the needs of the global compliance community. By developing cutting-edge solutions, the firm assists companies in meeting their regulatory obligations, adhering to industry protocols, avoiding costly fines, and protecting their brand's reputation. By combining ongoing feedback from clients, regulators, and industry leaders with top-tier product innovation, Star equips compliance teams with the confidence to thrive in an increasingly demanding environment.
This free resource is now accessible for download through their website. Visit
StarCompliance to discover the comprehensive security and unparalleled assurance essential for fostering a culture of compliance today.
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Email: press@starcompliance.com
Phone: +1 917-868-7791