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Compliance costs remain a sore point for corporate executives, but consultants say the whirlwind of regulations surrounding businesses these days means skimping on compliance could end up costing a lot if regulators catch you out.

A recent survey of more than 275 C-suite executives and directors conducted by Protiviti and North Carolina State University’s ERM Initiative found that the combination of regulatory change and heightened regulatory scrutiny was the number one risk for corporate executives, for the third year in a row.


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