Episode Details

This episode outlines a nine-step plan for establishing a robust compliance function within a European market. The strategy, termed a "walking backwards" approach, prioritises achieving a fully integrated compliance system by first defining the desired end goal and then working backward to identify and mitigate potential challenges. Each step details specific actions, target outcomes, and key stakeholder engagement to ensure widespread understanding and buy-in. The plan emphasises proactive communication, technological integration, and continuous improvement to foster a positive compliance culture and minimise resistance. Ultimately, the aim is to transform compliance from a barrier into a strategic advantage.