Compliance by Design involves embedding assurance testing procedures into processes and controls at the design stage: enabling firms to ensure suitability of processes and integrate resilience of controls to new and existing services. Firms operating in the Telecommunications sector can leverage Control Automation and the latest technologies to automate and optimise controls. Our Energy, Utilities and Telecoms team explain in our report below.
The Telecommunications sector is critical to our global economy. It serves as the backbone of modern global connectivity, facilitating communication, commerce, and innovation across vast distances and diverse populations.
We have seen companies impacted by a regulatory environment focused on consumer protection. Compliance by Design has become essential for all systems and business process.
In recent years, this sector has experienced unprecedented change creating a shift in the landscape. This is driven by:
- New and complex regulation;
- Increased state investment;
- Market evolution;
- Inflationary pressures;
- Transition to a green economy;
- Economic dependencies; and
- Geopolitical tensions.
As regulation is becoming more rigorous, statutory bodies such as the Commission for Communications Regulation (ComReg) continues to exercise and enhance its supervisory functions. There is an increased requirement for firms to manage obligations to meet industry standards and comply with specific regulations.
Get in touch
If you have any queries related to compliance by design and control automation, please don't hesitate to contact our Energy, Utilities & Telecoms team. We'd be delighted to hear from you.
