Thomson Reuters completes annual survey on cost of compliance, finds firms struggle with "regulatory overload"

    

Thomson Reuters has completed its 6th annual survey on the cost of compliance and finds more than a third of firms spend a day per week dealing with regulatory change issues, which means hundred of hours a week for large corporations.

Challenges for companies and compliance officers include regulatory overload, the rising cost of qualified staff, and cyber security concerns.

More here: https://insider.thomsonreuters.com/link.html?cn=share&cid=1400924&shareToken=MzE0Mjc6N2M4YmFkODItNDVjOC00ZTdiLTlkNDUtZjYyOGY2NmQ3NDY1

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