GCSG launches Compliance Risk Index

GCSG launches inaugural Compliance Risk Index (CRI)  

GCSG introduces CRI, our inaugural compliance risk index – the CRI provides business, compliance, and risk professionals with an easy to understand risk number and rating, at the country-level, that quantifies overall compliance risk across four domains and separately within each of the four domains

PRAIRIEVILLE, LA., Nov. 20, 2019  – GCSG, a professional compliance management consulting company, today announces the launch of our new Compliance Risk Index (CRI).  The CRI measures perceived compliance risk in more than 200 countries.  It provides a calculated overall composite risk number and assigns a composite risk rating across four domains (Governance and Regulatory, Bribery and Corruption, Trade, and Financial) and a score and rating within each domain for each country.    

The domains are assessed using publicly available data sources such as the World Bank, World Economic Forum, and the Heritage Foundation.  Based on our analysis and algorithm the information is processed and a score is assigned.     

“In today’s global compliance environment, it can seem like an impossible task for business, compliance, and risk professionals to stay up to date with all the changes.  Amid this fast-paced environment and the recent trade wars some companies are looking to diversify their supply chains, improve their compliance programs, and others to grow through acquisition.  We deliberated how we could bring additional value for companies in these situations and decided on a no cost annual compliance risk index as well as our recently introduced country risk profiles,”  said Jonathan Mellard, Founder, GCSG.

The CRI is provided to the public at no cost and was developed to be a tool for business, compliance and risk professionals to assist with compliance risk assessments for ongoing operations or M&A activity and to be used as part of a risk-based compliance program. 

“Our compliance risk index and our country risk profiles will enable users to access our knowledge and experience without having to formally engage us.  And then, as needed we can provide direct client support with our international advisory, audit and due diligence products and services,” added Mellard. 

Access our Compliance Risk Index: http://www.globalcompliancesg.com/compliance-risk-index

Access our country risk profiles: http://www.globalcompliancesg.com/country-risk-profiles

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Global Compliance Solutions Group LLC

Global Compliance Solutions Group LLC (GCSG) is headquartered in Louisiana, USA.  We provide international Advisory, Audit, and Due Diligence products and services wherever our clients are located across a range of industries in the areas of Anti-Bribery and Corruption, Import, Export, and Customs Compliance, Drug Precursor, and Distilled Spirts Plant Compliance. We reduce risk and help protect our client’s business by guiding and partnering with them to solve challenging compliance issues. 

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