The KPMG Nordic Ethics and Compliance survey was completed by 115 respondents across the Nordics in March and April 2021. A large part of the respondents, 27%, have a dedicated compliance role.
The current compliance landscape can be characterized by increasing legal and regulatory complexity and international enforcement, as well as growing expectations from stakeholders and society at large as to responsible business conduct and sustainable operations. Increased external expectations also mean additional requirements in terms of managing compliance systems, efficiency, digital tools, resource allocation, and competence.
"Building and maintaining credibility and trust is a key success factor for organizations. In this survey, we have made an assessment of where Nordic companies are on their ethics and compliance journey, their strengths, and their areas for further enhancement.
We hope that the report will support you in your compliance work and bring you some new perspectives on how to prevent, detect, and respond to compliance risks.The decisions you make today can help mitigate the risks you may encounter tomorrow."
Risk Consulting Partner KPMG Iceland