[Report] Navigating the future: The role of governance, risk and compliance in modern business

As the leading professional body for the global regulatory and financial crime compliance community, ICA surveyed our global membership of over 30,000 members in 155 countries, to better understand the challenges and opportunities shaping the GRC landscape and how GRC professionals are responding to them.

The survey comprised 29 questions covering topics including:

• The cost of compliance
• AI and associated risks
• The impact of deregulation 
• The future of governance, risk, and compliance

We received 383 responses to the survey, from individuals working in 87 countries. Over 30 sectors were represented, with some 25% of responses from those in banking and a further 19% from the broader financial services sector.

Respondents were at all levels of seniority, with 44% of participants operating at either senior manager or director level.