As a trusted partner for clients in their most critical moments, BCG goes beyond regulatory remediation, helping to ensure operational readiness for any corporate compliance, regulatory risk management, or crisis response scenario.
Strong compliance provides organizations with both protection and integrity, as compliance failures can inflict serious damage to a company’s bottom line and reputation. BCG’s compliance consulting and crisis management experience helps companies across all sectors implement a robust compliance risk management framework.
We design and implement target operating models that enable steady and sustainable business growth, while complying with an increasingly complex regulatory environment.
Only a proactive, holistic approach is sufficient in the face of complex regulatory compliance requirements and ongoing scrutiny. BCG has more than a decade of cross-sector experience in the field of compliance and crisis management. Our team takes a tailored approach to everything from substantial compliance transformations to regulatory remediation programs, integrating the organization’s specific business objectives and strategy to meet their areas of need:
Hiltrud Werner, former head of integrity and legal affairs at VW, describes how BCG helped the company through a fundamental crisis.
BCG helped optimize the enterprise-wide compliance function at a large, multinational auto manufacturer. A compliance risk assessment framework was defined and the whistleblower system was improved, boosting the effectiveness of the operating model. Additionally, a company-wide training and communication program to more than 600,000 employees in 600+ locations was rolled out.
BCG worked with a large EU bank whose regulatory spending already exceeded the competitive benchmark when COVID-19 hit Europe. We optimized the compliance department to avoid further regulatory expenditures, while reducing operational costs and increasing efficiency. By eliminating nonregulatory projects and project overlaps, making a perimeter reduction to regulatory requirements, and revising pricing and consolidating vendors, we helped reduce costs by 25% to 30%.
Our experts in AI, predictive modeling, and digital compliance play a key role as we identify solutions to improve risk monitoring. We then work with stakeholders across your organization to deepen a culture of compliance through active participation in the transformation or crisis response. Along the way, we integrate the expertise of BCG’s specialty partners:
European financial institutions need a new approach to sanctions to avoid rising fines and reputational damage—a strategy that reduces risk and helps control spiraling costs.
Companies need a holistic strategy to coordinate requirements, clearly define responsibilities, and effectively use advanced technologies.
By alleviating burdens on daily activities, companies can free up valuable resources and promote cost efficiencies while improving compliance and resilience.
BCG’s Katharina Hefter and Julia Gebhardt outline the biggest changes and advancements in risk and compliance—and share their perspectives on how to act now
Our compliance leadership team supports companies across all sectors to monitor the evolving regulatory landscape, implement digital assets in their compliance function, and ensure that material developments in the complex and ever-changing environment are addressed as soon as possible. Here are some of our corporate compliance and crisis management consultants:
