Regulatory compliance is quite an unpopular and yet very important part in the life of all business organizations. If you do not have proper licences, permits or policies in place, you can easily face serious financial, reputational and business difficulties, and suffer from the consequences thereof. Understanding the actual requirements of the mostly framework structured tech-related directives and regulations on both EU and national level requires complex analytical, yet abstract and creative problem-solving skills. Furthermore, with the increasing complexity of the regulatory expectations, a deeper understanding of your company is essential if you are to be able to get the relevant licences and draft the policies which provide you with the highest compliance level possible. You just cannot leave this job to a template anymore if you actually wish to mitigate the risks of non-compliance.
