Compliance services and consultancy

Compliance means following a set of rules. In business, these are goals or requirements companies look to achieve to adhere to procedures, policies, laws, or standards. By implementing compliance processes, you protect your business against reputational risk and financial damage.

Some examples of compliance in business include Data Protection and Security regulations and standards such as GDPR concerning the rights of individuals, PECR which focuses on electronic communication and marketing, and PCI DSS which businesses need to meet if they handle card payments.

Compliance is an important function of a business's risk management, and to ensure they are not in violation of laws and industry standards. Achieving compliance can help businesses improve operational processes, build trust with customers, and enhance a company’s reputation within their industry. However, non-compliance with standards set by law can lead to businesses suffering devastating financial losses and reputational damage.

Compliance is a company-wide effort therefore everyone within an organisation shares the responsibility. Businesses can have compliance teams or seek external expertise but if the rest of the organisation are unaware or ignorant of the requirements of compliance, they could be at serious risk of violating laws or breaching internal policies.

Staff training is integral for businesses to implement to ensure the entire organisation understands the importance of compliance. Regular training sessions will also help create a culture in compliance which is invaluable to businesses long term.