Risk & Regulatory in Central and Eastern Europe

One Team. One Platform. One Approach.

Tax teams are being asked to do more with less. Do more tax returns, deliver more tax reporting, get more insights from data and manage more regulatory change — all while the competition for talent increases and costs are rising exponentially. When it comes to compliance, now is the time to do something differently to meet your needs today, while future-proofing compliance for tomorrow. 

PwC reimagined what best-in-class compliance and reporting looks like, fully integrating and automating the compliance process across taxes and territories. This connected compliance approach increases efficiency and reduces cost by automating up to 80% of the compliance process, freeing tax teams up to deliver value to the business.

Cyberattacks on companies are becoming more frequent and more sophisticated – so it’s high time to build up your defenses. 

According to the CEE results for the 26th Annual Global CEO Survey, cyber risks rank fourth on the short-term threats list and business leaders consider them the top operational risks. The picture changes for their five-year outlook. Over that timeframe, cyber risks join inflation, macroeconomic volatility, and geopolitical conflict in the top tier of risk exposure. This suggests that there is a clear first-mover advantage for leaders who are able to prioritise investments in cybersecurity today, stealing a march on their competitors. And your best option is to engage with a reliable partner that can follow your train of thought on cybersecurity, implement the solutions you need and provide support throughout the process – from strategy through to implementation.

Financial Crime is an ever-increasing blight on social cohesion and financial stability globally. Mitigating it is a challenge for all participants: law enforcement agencies, financial institutions, governments, and regulators globally; it is too big for any single participant to take on, everyone has a role to play. As gatekeepers, financial institutions have a key role in blocking criminal access to the financial system. However, the pace of criminal ingenuity, primarily led by technological advances, places an ever-increasing burden on them to evolve at pace to keep up. As a trusted partner, PwC supports clients to rapidly develop high quality and cost-effective operating models and tools that identify and mitigate financial crime risk as it evolves.

Digital transformation creates the need for a risk transformation, as new and amplified risks emerge in its wake. PwC helps organizations better leverage their enterprise technologies and data to drive a higher return on investment and improve risk management, while streamlining processes and finding new opportunities at the crossroads of enterprise systems interaction.

We provide leading-edge systems, software, data analytics, automation and controls expertise that help you tackle risk mitigation, incorporate streamlined processes and discover new cross-platform opportunities. With actionable insights and a comprehensive view of risks, organizations can build confidence and trust in the business at scale.

Emerge stronger from disruption. Powered by technology-driven forensic intelligence and analytics, we help you build resilient strategies to protect value, build trust and create opportunities for your business to emerge stronger.

The best way to help avoid fraud or a non-compliance issue is to stop it before it can take root. The right solution is a combination of quantitative, qualitative, geographic and industry expertise. Technology and analytics can help with identification, risk monitoring and detection. We support you in the process. If things go wrong, we can also provide you with expert support in all stages of any legal claims.

Our objective is to be flexible, fit the client’s needs and provide a data & technology-driven one-stop shop to support our clients in respect of corporate and regulatory investigations. Access to our bespoke forensic technology and data analytical tools allows the clients to efficiently review their cases and secure evidence from a variety of sources.

In case a company investigates a suspicion or allegation, we can support them throughout the whole investigation cycle regardless of whether the investigation was triggered by a whistleblowing report or red flags and risks relating to bribery, corruption or misrepresentations identified in your company. The level of support depends on the client’s needs. 

In 2018 the General Data Protection Regulation came into force, revolutionising the way that personal data is used and handled. Controllers and processors of personal data need to adhere to the regulation in order to be compliant. PwC can help.

Connect what matters. Anticipate what’s next. At CEE, we bring our connected expertise across legal insight, business understanding and technological innovation to bridge all aspects of your business — so you can grow and protect it, today and tomorrow. In an environment where regulations are permanently changing and evolving, strong legal advice helps you deal with uncertainty and complexity.

Navigate regulatory complexity and harness value from environmental, social and governance information

Leading organisations worldwide and, in particular, in CEE  are stepping up to address some of the most important environmental, social and governance ("ESG") issues facing the world.

Given the significance of ESG information, your organisation can benefit from transparency around your ambitions.  Insightful, holistic and trusted reporting can demonstrate how you are harnessing ESG opportunity and managing ESG risk by using measures to protect and create value for the enterprise, its stakeholders and for society. 

An effective identification, assessment and management of ESG risks and opportunities are fundamental to creating value and becoming successful in the transition to a sustainable economy. We help companies avoid ESG risks whilst capturing ESG opportunities. 

Our experts can help you improve the data, systems and governance to continue the move towards globally aligned and interoperable reporting and assurance standards.