“We are in a period of discordant and highly sensitized public policy—as well as intense regulatory activity—affecting all industries. Compliance feels acute pressure to enhance—not only to be more effective and efficient—but to also meet increasing board and regulator expectations. Technology and data analytic investment to the Ethics & Compliance function is no longer a ‘nice-to-have;’ it’s a necessity to help mitigate, measure, and identify risk.”
– Amy Matsuo, Principal and National Leader, Compliance Transformation & Regulatory Insights
The KPMG 2023 CCO Survey: Anticipating more scrutiny draws on the perspectives of 240 Chief Ethics & Compliance Officers (CCOs) representative of the largest companies operating in six industry sectors who provided insights into their current focus and two-year outlook on key areas of ethics and compliance including regulatory complexity, operational challenges, ethics and firm culture, sustainability/ESG and evolving technology. See highlights below and download the full point of view for details, key drivers, and actions leaders can take related to these key findings.