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Hotline Statistics Reveal Hidden Risks in Compliance Programs, Expert Says

Audit Findings and Transactional Records Show Emerging Trends in Regulatory Non-Compliance

A closer look at hotline statistics, transactional records, audit findings, and compliance exception reports has revealed hidden risks lurking beneath the surface of many organizations’ compliance programs, according to experts at Deloitte Advisory.

The Analysis

The analysis, which was shared at a recent industry conference, highlighted emerging trends in regulatory non-compliance that companies would do well to address. “These statistics can be incredibly valuable in identifying areas where existing or emerging risks may reside within an organization,” said Nicole Sandford, Partner and National Practice Leader of Enterprise Compliance Services at Deloitte.

The data suggests that certain industries are more prone to compliance issues than others. For example:

  • Technology sector: Hotline statistics revealed a significant number of reports related to data privacy and cybersecurity concerns.
  • Financial services industry: Audit findings pointed to recurring issues with anti-money laundering (AML) regulations.

“This is not necessarily surprising, given the increasing complexity of regulatory environments and the ongoing need for companies to stay ahead of emerging risks,” said Keith Darcy, Independent Senior Advisor to Deloitte. “However, it’s essential that organizations take proactive steps to address these issues before they become major problems.”

How to Leverage Hotline Statistics

To learn more about how your organization can leverage hotline statistics, transactional records, audit findings, and compliance exception reports to identify and mitigate regulatory risk, contact one of Deloitte Advisory’s Enterprise Compliance Services leaders:

Or reach out to any of the following industry experts:

Industry Experts

Important Disclaimer

This publication contains general information only and Deloitte is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor. Deloitte shall not be responsible for any loss sustained by any person who relies on this document.