Snippets

Do this one thing today to reduce your compliance burden … it’s absolutely FREE!

“Stop treating it like a BURDEN!”

It’s hard not to draw a similarity between businesses’ attitude toward compliance vs. kids’ appetite towards veggies. It’s good for them but they see it as a barrier between them and sugary treats. The true value of a healthy diet is often realized too late and requires significant time (at the gym) and money (for personal trainers) to recover from – that is if you ever shed that belly fat at all.

For instance, Data Protection rules might seem like a pain, but if you were to lose customer data tomorrow do you expect your customers to stick around?

Regulation tends to address areas where regulators (such as the FCA) have seen other firms struggle to the detriment of customers’ or financial stability. So start treating regulation as “free consulting”, setting out good practice for businesses.

Share this Story
Load More Related Articles
  • Speakup policy
    Snippets

    #PolicyThursday | Speak-Up

    #PolicyThursday | Speak-Up or Whistleblowing Policy – which description do you prefer? We prefer not to use the word “Whistleblowing” given the ...
  • Financial Crime Policy
    Snippets

    #PolicyThursday | Financial Crime

    Financial Crime Policy in 8 clear principles, a policy that otherwise has a tendency to spawn “Child” policies. In our experience, ...
  • Snippets

    #PolicyThursday | Business Continuity

    We are kick-starting the #PolicyThursday series with Business Continuity policy in CoVi Analytics style. This policy highlights how CoVi Analytics’ unique approach distils a wordy ...
Load More By CoVi Analytics
  • Speakup policy
    Snippets

    #PolicyThursday | Speak-Up

    #PolicyThursday | Speak-Up or Whistleblowing Policy – which description do you prefer? We prefer not to use the word “Whistleblowing” given the ...
  • Financial Crime Policy
    Snippets

    #PolicyThursday | Financial Crime

    Financial Crime Policy in 8 clear principles, a policy that otherwise has a tendency to spawn “Child” policies. In our experience, ...
  • Snippets

    #PolicyThursday | Business Continuity

    We are kick-starting the #PolicyThursday series with Business Continuity policy in CoVi Analytics style. This policy highlights how CoVi Analytics’ unique approach distils a wordy ...
Load More In Snippets

Check Also

#PolicyThursday | Speak-Up

#PolicyThursday | Speak-Up or Whistleblowing Policy – which description ...