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Compliance.
Transformed.

Building trust and driving competitive advantage

The compliance landscape is evolving and becoming more complex, creating new challenges for organizations to manage in the years ahead. Compliance is no longer just a cost of doing business; it’s now a competitive advantage.

By transforming your compliance functions to evaluate and prioritize your most critical risks and taking a more proactive, streamlined and values-driven approach, your organization can increase resilience, build trust and enhance your competitive advantage.

Compliance transformed video

Transforming compliance into an asset


Our compliance specialists across a range of regulatory areas bring expertise in data analytics, artificial intelligence (AI), automation and emerging compliance technologies to help your organization reimagine its compliance program and elevate it to a position of strategic value.

We focus on bringing together a community of solvers across key industries to develop a holistic view of compliance activities throughout the organization so you can focus on what matters most and make more informed decisions about where to invest. We’ll help you transform labour-intensive, manual processes by adopting technology-enabled, data-driven solutions that can improve employee engagement while saving time and reducing costs.

Reimagining the approach to compliance is key to turning what many organizations view as a burden and an obligatory cost of business into an asset that drives value. You’ll be better able to navigate the changing regulatory landscape and, by proactively identifying and evaluating key risks across the organization, pursue your growth ambitions more confidently.

The journey to compliance transformation

The journey to compliance transformation focuses on three key steps. Click on each below to learn more.

Rethink risk and resilience
Taking a more holistic approach to your regulatory activities by aligning your focus to your strategy, purpose and values.
Maximize value
Streamlining cumbersome tasks to increase accuracy and eliminate costs of duplicate and siloed efforts.
Lead with trust and confidence
Using data and integrated compliance solutions to stay ahead of new and emerging regulatory requirements.

Rethink risk and resilience

Start simplifying your compliance program by taking a more holistic approach to your regulatory activities that aligns your focus to your strategy, purpose and values. This will help you identify the areas of compliance that impact your organization most and prioritize your resources so you can make more strategic and confident risk-based decisions.

Maximize value

Organizations can create more efficient compliance processes by streamlining cumbersome tasks to increase accuracy and eliminate the costs of duplicate and siloed efforts. By automating where possible and introducing governance, risk and compliance technologies, your organization can deliver more timely and meaningful insights. This provides an opportunity for you to improve the quality and impact of your compliance program while shifting the focus to value-added risk activities that maximize trust.

Lead with trust and confidence

By using data and integrated compliance solutions to stay ahead of new and emerging regulatory requirements, you’ll be able to take a more predictive and proactive approach to compliance. This will help you stay ahead of an evolving regulatory landscape with an approach to compliance that supports your strategy and growth ambitions.

Compliance spend within an organization is highly industry dependent but generally falls within the areas below. If any of these impact your business, evaluate your approach to compliance with our assessment tool below.

  • Product and service quality standards
  • Health and safety
  • Environment and climate
  • Labor and employment
  • Privacy and data protection
  • Fraud and corruption
  • Intellectual property
  • Taxation, excise, duties
  • Governance, market, financial reporting and Sarbanes-Oxley Act
  • Competition, antitrust, consumer and pricing
  • Procurement, contracts, and supply chain
  • Trade, import and export practices

Compliance assessment

 

Wondering if your organization’s compliance function is fit for future? Take our short quiz to assess your approach and learn more about the opportunities you may be missing.

How we can help

Compliance program implementation and enhancement

Now is the time to build a harmonized compliance program and operating model that applies a strategic lens and helps your organization prioritize risks with the greatest potential impact. We can help you align governance and accountability, risk management and culture, compliance and controls and assurance to deliver more in today’s technology-enabled, data-driven world.

Cost optimization

With continually rising regulatory requirements and evolving expectations, many organizations are looking to do more with less. We can help you analyze your compliance spend and uncover ways to take a more risk-focused approach to compliance that reduces costs and eliminates duplication.

Compliance managed services

In an increasingly complex regulatory environment, some organizations are looking for help managing their compliance activities across various functions, like tax, legal, cyber and privacy. Our compliance managed services can help you manage parts or all of your compliance activities - from governance to breach resolution - so you can stay ahead of emerging risks and focus on what matters most to your organization.

Compliance digitization

Organizations have an opportunity to not only build trust but also do more with less by adopting the latest governance, risk and compliance technologies and incorporating artificial intelligence and automation tools into their compliance programs. With our technology-led and human-centred approach, we can help you find and implement the right tools for your organization.

Regulatory compliance

Increased regulatory complexity means organizations need to be even more proactive about risk management and complying with evolving laws, policies and regulations. We’ll help you navigate today’s regulatory landscape by applying data analytics and technologies like AI and robotic process automation to implement a more predictive and preventative compliance program that builds trust with your critical stakeholders.

Legal function transformation

In-house legal departments are facing rising demands to do everything from cutting costs and reimagining their operating models to finding the right outsourced providers, managing talent and adopting new technology. We work with legal services professionals to develop and implement initiatives like legal technology solutions and digital transformation to increase efficiencies and help them meet these increased expectations. We also offer managed services and end-to-end technology solutions for workflow and contract life-cycle management.

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Tax reporting and strategy

Tax functions are continually working harder to gather the data needed for compliance, keep up with changing laws and meet increasingly tight deadlines. We offer a range of technology- and data-enabled solutions, from in-house tax reporting and compliance transformation to outsourced/co-sourced compliance services, that can help your tax function become an even better business partner.

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Contact us

Shawn Reain

Shawn Reain

National Tax Markets Lead, Compliance.Transformed leader, Partner, PwC Canada

Tel: +1 403 509 6373

Junaid Mirza

Junaid Mirza

Partner, Legal Function Transformation and Tax Reporting & Strategy, PwC Canada

Tel: +1 905 815 6404

France-Anne Fortin

France-Anne Fortin

Partner, Risk Assurance Services, PwC Canada

Tel: +1 514 205 5438

Genevieve Groulx

Genevieve Groulx

Partner, PwC Canada

Tel: +1 403 441 6350

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