Webinars Compliance Challenges in "Low Risk" Environments | Page 47

Budget challenges? Limited operations in a specific country?

Cost/Benefit Approach Examples

Example 2: where Office
applicable regulations are
few and not dynamic

Example 1:
• Year 1 – Country Profile,
Audit Protocol &
Monitoring
• Year 2 – Monitoring
• Year 3 = Year 1

OR

• Year 1 - Country Profile
and/or Audit Protocol
• Year 2 – None
• Year 3 = Year 1

Pulse-check volume of regulatory changes with
Enhesa to determine what updates are
needed/valuable.
Enhesa 2013

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