European firms not adequately prepared to meet regulatory requirements

Download the PDF [80 KB]

Extract from Computing.co.uk:

Regulatory risk rises as firms turn blind eye

European firms are not adequately prepared to meet increasing regulatory requirements, despite acknowledging the importance of risk management, according to new research.

Some 40 % of major European companies believe they will be investigated within the next 12 months, but a quarter do not have any procedures in place to deal with it, says the European Regulatory Awareness Survey conducted by legal services firm DLA Piper.

Brightwave's comment

e-Learning can play a much more significant role in changing staff attitudes and behaviour towards business risk. This is not just about "tick in the box" compliance, although the ease with which an e-learning solution can automatically track training is a clear benefit.

By providing a learning experience that provides realistic scenarios of the consequences of inappropriate behaviour or weak systems and processes, as well as providing best practice models, staff can more readily recognise how their personal behaviour and actions in the workplace affect business risk within their organisation.

At Brightwave we have produced a wide range of e-learning solutions that cover business continuity, emergency response planning, information security, data protection, health and safety, diversity, competition, environmental compliance, money laundering…the list goes on and continues to grow as regulatory bodies, both within the UK and across the EU, widen their reach. This makes it all the more important for businesses to find efficient and effective forms of communication and learning delivery.

See our compliance case study on Cable & Wireless, the leading international telecommunications company, featured on PersonnelToday

Call us on 01273 827676 or email us to find out how we can help you meet your compliance targets with our corporate compliance training.