Regulatory & Compliance Risk
With the introduction of new legislations and regulations in the UAE and the ever-changing business landscape, businesses are exposed to a greater degree of compliance risk. Apart from the financial impact, non-compliance could also result in Reputation risk. A business need to thoroughly understand the regulatory environment it operates in and compliance requirements. Regulations differ between industries and Emirates. However, the Federal legislations remain same across the Emirates.
Our team understands the importance of risks faced by businesses due to non-compliance and also what needs to be done to protect the businesses from the adverse impact of Compliance Risk.