PwC | United States PwC USRisk AssuranceState of Compliance Study State of Compliance Study 2016 Laying a strategic foundation for strong compliance risk management 98% Of Senior leadership says they are committed to compliance and ethics 67% Of respondents have a process to identify owners of specific compliance and ethics related risks 20% Boards of Directors that formed a separate compliance/ethics committee Focusing on business strategy The 6th Annual State of Compliance Study is based on responses from over 800 executives globally. This year, we focused on business strategy because the connection of compliance to business strategy – including tone at the top, risk assessment, and Oversight and responsibility – lays the strategic foundation for both a culture of compliance and ethics, and management programs that help ensure the organization conforms to all necessary regulatory requirements and ethical standards. Download: State of Compliance Study 2016 Dig deeper Tone at the top Meet our team Risk assessment: A critical lynchpin Download the full report Oversight and responsibility Risk Assurance Solutions Webcast replay “We are focused on culture change to get compliance involved in the very early stages of new product and service development.” 2016 study respondent Laying a strategic foundation for strong compliance risk management: Key findings Embedding compliance into both strategy and everyday operations begins with: Tone at the top Risk assessment Oversight and responsibility Tone at the top “We strive for regulatory compliance underpinned by a good ethical climate.” - 2016 study respondent Learn more State of Compliance Study 2016 Laying a strategic foundation for strong compliance risk management “Our program goal is to manage global risks that impede meeting strategic goals while not adding unnecessary cost and burden to the bottom line.” 2016 study respondent Contact us Brian Schwartz Partner Tel: +1 (202) 729 1627 Email Andrea Falcione Managing Director Tel: +1 (617) 530 5011 Email Seth Cohen Director Tel: +1 646 471 0105 Email James McKillop Manager Tel: +1 (617) 530 7458 Email Follow us Press room Alumni US offices Contact us © 2015-2016 PwC. All rights reserved. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details. Privacy Cookies info Legal Site provider Site map