Assessment and Evaluation of Compliance Risks, and Recommendations for Developing the Control Environment

The operational effectiveness of Compliance — as a second line of defense control function — is fundamentally influenced by the quality of the controls established in the first line of defense, i.e., across the organization, to manage Compliance risks and how effectively those controls operate.

It is crucial that these controls are:

• Integrated at the appropriate points within processes,
• Effectively functioning — meaning they exert real control without obstructing process flow, and
• Actively operated by the designated responsible personnel.

The experts at ABT, using structured process analysis methodologies and a deep understanding of control mechanisms, are well-equipped to support your organization in:

• Assessing selected processes,
• Evaluating existing controls, and
• Proposing targeted recommendations for further development of the control environment, where necessary.