Nordic Ethics and Compliance Survey Report 2024

We are pleased to share with you the results of the 2024 Nordic Ethics and Compliance Survey. 

This is the 4th edition of the Nordic Ethics and Compliance Survey, and we would especially like to thank those who have taken the time to participate. Fourty companies in Norway, Sweden, Denmark, and Finland participated, with some of the largest Nordic companies represented. The report highlights compliance trends in the region and compares them to the results from previous surveys and global findings from the KPMG Global CCO Survey.

Most of the responding Nordic companies (87.5 %) have an ethics and compliance function, however, growing regulatory expectations and scrutiny are creating new and complex challenges for Compliance to navigate. Survey results suggest many Nordic companies will need to step up to a new level, for example, by automating their compliance processes (for both preventative and detective activities), leveraging a risk-based third-party risk management approach, and implementing key performance indicators and the regular monitoring of their compliance program.