Financial Crime World

Chile’s Businesses Face Heightened Regulatory Pressure: Compliance and Risk Management Expertise in High Demand

As Chilean companies operate in an increasingly complex regulatory environment, effective compliance and risk management strategies have become essential for their survival and growth. The government, risk, and compliance department at Forvis Mazars Chile is well-positioned to help businesses meet this challenge head-on.

Specialized Counseling Services

Forvis Mazars offers specialized counseling services focused on corporate risks, including:

  • Operational risks
  • Sectorial risks
  • Technological risks
  • Legal risks
  • Other types of risks

Their team of experts provides a comprehensive approach to identifying and mitigating potential threats by leveraging methodology, support tools, and multidisciplinary expertise from various disciplines and sectors.

The Growing Importance of Internal Controls

A wave of new legislation aimed at ensuring good corporate governance has driven the growing importance of internal controls. This includes:

  • US Sarbanes Act
  • 4th, 7th, and 8th European Directives
  • Solvency II
  • Basel II
  • Financial Security Law
  • Reference Framework of the FMA
  • LOLF
  • Japanese SOX

Compliance with these standards is no longer a mere formality but a vital component of corporate governance.

Forvis Mazars’ Unique Value Proposition

Forvis Mazars’ team goes beyond legal compliance to provide risk assessment services that help businesses turn uncertainty into opportunity. They offer:

  • Internationally tested methodologies
  • Multidisciplinary teams comprising:
    • Internal auditors
    • Financial experts
    • Internal control consultants
    • IT specialists

Their range of services is designed to enhance business performance and efficiency, including:

  • Internal audit
  • Compliance
  • Environmental business management (ERM)
  • Corporate governance
  • Agreed-upon procedures

Partnering with Forvis Mazars

By partnering with Forvis Mazars, Chilean businesses can gain the expertise they need to navigate the complex regulatory landscape, identify and mitigate risks, and achieve long-term success. Their team of experts is committed to helping companies turn uncertainty into opportunity.