The future of Legal Compliance for businesses is an exciting undertaking, implementing action plans to ensure that businesses adhere to the complex rules, policies, and processes governing business practices in specific jurisdictions. Compliance includes not only knowledge and understanding of the laws that apply to your organization, but also the ability to demonstrate that your business and its businesses are compliant at all times. Experts from international brands share insights into software that helps acquisitions and finance executives maintain cost clarity.
Compliance v/s Legal
An effective compliance program relies heavily on the cooperation and support of an organization's legal department. While attorneys advise on the law and best legal practices, the role and responsibility of a compliance professional are to develop controls, procedures, policies, and systems that ensure that the company operates within well-defined parameters. Meanwhile, in-house legal counsel plays a fundamental role in training, due diligence, legal advice and analysis, and sometimes internal investigations.
Complimenting the Crucial Era
The COVID-19 pandemic has completely changed the way we do business, disrupting everything from global supply chains to financial markets. Two years later, as the business model adapts and restructures, the financial function is at the center of this change. It applies not only to businesses that went online during the pandemic but also to businesses that were offline when they digitized their accounting and tax requirements or started accepting digital payments. Most business owners and non-professionals perceive compliance as annoying or surprising. Even Indian business owners are undergoing tremendous changes in India's compliance landscape.
Rising Challenges for Compliance and Legal Teams
Global organizations face intense market, regulatory, and macroeconomic constraints. The emphasis on operational efficiency, quality, and cost has intensified as many companies struggle with declining revenues and capital. Compliance, legal, and ethical functions are not fully resilient to rapidly increasing costs and tend to favor manual reviews and traditional control approaches. It can be cumbersome, leaving little time for other important tasks or even keeping up with industry trends.
New advances such as machine learning and artificial intelligence have the potential to revolutionize compliance, risk, and integrity systems, but building internal capabilities may be slow, unsustainable, and cost prohibitive. Another issue is the availability of local resources with the appropriate skills and domain knowledge.
“Being able to be repeated controllably is one key element in risk management.” ― Toba Beta
“Regulatory compliance is critical to managing risk.” ― Hendrith Vanlon Smith Jr
Innovative keynotes delivered by the industry's true heavyweights, covering practical challenges and subjects which are exclusively entailed in our agenda. Gain subject matter expertise, network, and collaborate to explore solutions that shed light on future business models impacting revenue inflows.
Boost your Business
Futurista Start-up Elevate is a dedicated platform for Startups and VCs. We offer industry-specific startups a showcasing opportunity, enabling them to connect with corresponding VCs and Mentors. A win-win dynamic is created to attain the desired exposure for startups who are looking forward to scaling up their businesses.
Intelligent Event Experience
A smart application will help you connect with key decision makers, share files, brainstorm ideas, and have a seamless networking experience. A comprehensive module covering the entire event, compiled for training purposes, to be made available post-conference, exclusively for the attendees.
Integrated Governance, Risk and Compliance
Real-time Legal Updates
Centralized Compliance Monitoring Framework
A premium networking experience with a pristine venue, smart applications, and fine dining services, enabling our delegates to make the most out of their time in a business class environment.
Filtered invitations for the selected key decision makers representing the world's largest organizations across industries, academia, and government organizations, making the conference apt and productive in all aspects.
Provision of a platform to innovative start-ups, leading solution providers, and cutting-edge product developers.
Customized packages designed for the right id of exposure, for the right kind of audience.
Most creative people in business: leaders who are shaping the Future of business in creative ways.
World changing ideas: Products, concepts and policies that are perusing innovation for good.
Innovation by design: the best products, services, interfaces and design ideas in business.
Most innovative companies: The top companies in technology, media, finance and more.
Futurista Startup Elevate is a platform that transforms big-ideas into reality! The FLCB2023 11th April, 2023 will fuel start-ups to take themselves to the top by providing access to VC's, Mentors, and Potential Clientele from the corresponding industries. The perks include Product Showcasing, Speaking Slots, and Campaigns running among our thoroughly researched pack of delegates.
“One of the main cyber-risks is to think they don’t exist. The other is to try to treat all potential risks. Fix the basics, protect first what matters for your business and be ready to react properly to pertinent threats. Think data, but also business services integrity, awareness, customer experience, compliance, and reputation.”― Stephane Nappo