2023 KPMG Chief Ethics & Compliance Officer Survey
“We are in a period of discordant and highly sensitized public policy—as well as intense regulatory activity—affecting all industries. Compliance feels acute pressure to enhance—not only to be more effective and efficient—but to also meet increasing board and regulator expectations. Technology and data analytic investment to the Ethics & Compliance function is no longer a 'nice-to-have;' it’s a necessity to help mitigate, measure, and identify risk.”
- Amy Matsuo, Principal and National Leader, Compliance Transformation & Regulatory Insights
The KPMG 2023 CCO Survey: Anticipating more scrutiny draws on the perspectives of 240 Chief Ethics & Compliance Officers (CCOs) representative of the largest companies operating in six industry sectors who provided insights into their current focus and two-year outlook on key areas of ethics and compliance including regulatory complexity, operational challenges, ethics and firm culture, sustainability/ESG and evolving technology. See highlights below and download the full point of view for details, key drivers, and actions leaders can take related to these key findings.
2023 KPMG Chief Ethics & Compliance Officer Survey
1
2
3
4
5
6
Pressures on Compliance from boards and regulators
Pressure to Enhance Compliance
New regulatory requirements top the list of looming challenges
Top Compliance Challenges
Industry regulations in focus for compliance improvement
Top Areas to Improve
Sustainability/ESG compliance in development
Maturation
Compliance technology and data analytics are top areas to enhance
Compliance technology and data analytics are top areas to enhance
Accountability and talent shortages/retention top workforce woes
Compliance FTEs
Want to see additional findings, drivers behind the data and actions to consider?
Read the full survey report including industry observations.
Dive into our thinking:
Anticipating more Scrutiny
Download PDFKPMG Global CCO Survey
Stepping up to a new level of compliance
Explore more
Popular category topics
Insight
Industry Perspectives: KPMG 2023 CCO Survey
Executive Summaries
Insight
KPMG 2023 CCO Survey: Banking & Capital Markets
The CCO survey reveals how insurance CCOs are adapting to new regulatory requirements, progressing their ESG initiatives, and more.
Meet our team
