For better or worse, regulation now appears to be a growth industry. Businesses around the world are coming under the regulatory microscope – at local, national and international levels – more than ever before, with proposals for new rules, restrictions and incentives across a wide spectrum of industries.
Public perceptions of big business have also shifted; it’s now seen as an integral part of the broader social fabric, with all the associated responsibilities this implies. And, finally, there’s the emerging view that regulation is necessary to lay the groundwork for certain types of beneficial commercial exchange that couldn’t otherwise take root and flourish, green energy being a prime example.
New laws, regulations and public expectations have pushed governance and compliance even higher up the boardroom agenda. Senior executives everywhere recognise it’s essential to make sure their companies have effective, robust and reliable governance and compliance tools, and use them.
Establishing a constructive dialogue between business and regulators is also important. Companies have a lot to gain, both strategically and tactically, from building trust and fostering long-term cooperation with regulators, not only on small industry concerns but also on large ones with bigger socio-political implications. Where trust exists, regulation can become a mechanism for industry-wide – even global – cooperation on issues ranging from financial prudence to technical innovation and climate change.
12 Sep 2016
PwC's Worldwide Tax Summaries 2016/17 is a must-have reference tool for tax professionals. Download your customised report here.
06 Jul 2016
In our Spring/Summer 2016 edition of our newsletter 2016, we bring you the latest global immigration updates from across our global network over the last few months.
05 Jul 2016
The report sets out three possible scenarios for the future of banking in Europe (the disruptive forces in Europe are stronger and the status quo less stable, especially so since the EU referendum, so Europe could become the blueprint for a new global banking model)
02 Jul 2016
Our latest report analyses key metrics and trends in the global airline industry. It also delves into how airlines are using profits to improve their businesses and suggests other avenues of investment for building a sustainable future.
30 Jun 2016
This report looks at how IRcs have evolved and explores the advantages and challenges both for host governments and potential operators and investors.
27 Jun 2016
Active management of real estate assets is becoming a strategic imperative for users, and the newly established lease accounting standard is an incentive
22 Jun 2016
The IFRS15 accounting standard on revenue recognition brings profound implications for communications companies’ operations.
20 Jun 2016
In our 2016 edition of Aviation Perspectives, we continue analyzing cybersecurity in the airline industry. This second volume of our special cybersecurity mini-series addresses the topic of prevention. What are the challenges and considerations?
22 May 2016
A look at how standalone electricity and mini-grids can increase access to electricity
10 May 2016
As policymakers convene at the landmark UK anti-corruption summit, we analyse the cost of corruption and the sectors most susceptible.