The difference between the auditor and compliance officer within organisations is not always clear. There are definitely similarities and the two have common characteristics with some overlap so it is reasonable to confuse the two as almost merging into one another. They must work together in many cases but there are distinct differences. Distinct and important.
The key buzzword for business over the last decade has, without question, been “disruption”. A disruptive company, product, or service is one that brings an entirely new angle and vision to an existing industry, and when they do they make waves amongst both the current industry players and the governments that regulate them and their industry.
In this article we examine how new and disruptive industries and services are challenging regulation and compliance bodies.