Compliance Risk Management: A Must for New Zealand Businesses
In today’s fast-paced business environment, compliance risk management is no longer just an obligation, but a vital component of a company’s overall strategy. For businesses operating in New Zealand, staying ahead of the curve when it comes to regulatory changes and ensuring that their compliance programs are robust and effective is crucial.
Why Compliance Risk Management Matters
According to experts at SHIFT Risk and Compliance Consultants, companies must adopt a proactive approach to managing compliance risks. This includes not only meeting regulatory requirements but also embedding conduct and culture change throughout the organization.
Services Offered by SHIFT Risk and Compliance Consultants
- Compliance support
- Anti-money laundering and counter-terrorism financing (AML/CFT)
- Corporate governance
- Company secretariat
- Regtech solutions
- Remediations
- Risk framework review
- ESG and climate reporting
With a deep understanding of New Zealand’s legislative landscape, including the Conduct of Financial Institutions Bill, SHIFT is well-positioned to help businesses navigate the complexities of compliance.
Meet Our Experts
- Corinne McLean, ESG Lead at SHIFT, brings extensive experience in finance law, commercial banking, and sustainability reporting. Her expertise includes climate-related financial disclosure reporting and sustainability reporting requirements.
- Chris Faherty, Head of Compliance at TSB Bank Ltd, praises SHIFT for its ease of use, flexibility, and expertise in the sector. “I find Prue and SHIFT incredibly easy to work with for our compliance resourcing needs,” he says. “I can pick and choose from a menu of senior people without the red tape of other options in the market.”
What We Offer
SHIFT’s consultants are committed to delivering practical solutions that meet the unique needs of each client. Whether it’s implementing new regulations, reviewing risk frameworks, or providing corporate governance training, our experts are dedicated to helping businesses thrive in an ever-changing regulatory landscape.
Conclusion
In today’s complex and rapidly evolving business environment, compliance risk management is no longer a nicety but a necessity. Businesses operating in New Zealand must prioritize compliance risk management to stay ahead of the curve and ensure their continued success. With SHIFT Risk and Compliance Consultants on your side, you can rest assured that your business is well-equipped to navigate the complexities of regulatory change and maintain a strong reputation in the market.