In 2019, OMC partners delivered a whitepaper “Mission Impossible? Managing Global Regulatory Compliance and Evolving Best Practice”, which examined the measures organisations had in place to horizon scan and monitor the exponential growth in regulations impacting their operations.

Much has changed since 2019: a global pandemic with disrupted travel and supply chains, war in Europe and the increased prevalence of sanctions, in addition to Trump-era populism evolving into widespread anti-globalisation sentiment.

With this in mind, Wiggin decided to commission OMC Partners to refresh their view of the regulatory monitoring landscape to understand how organisations’ approaches have changed since 2019, what new priorities compliance leaders are grappling with, and what solutions have evolved during the pandemic.

OMC Partners posed these questions to compliance, risk and legal professionals responsible for regulatory monitoring across a range of sectors. Their responses make interesting reading for anyone tasked with keeping on top of the ever-changing regulatory environment.