2021 Compliance Risk Index Released Today
/GCSG releases third annual Compliance Risk Index (CRI)
The CRI provides business, compliance, and risk professionals with an easy to understand overall risk score and rating, at the country-level, based on assessing five risk domains
PRAIRIEVILLE, LA., August 15, 2022 – The 2021 Compliance Risk Index (CRI) was released today by Global Compliance Solutions Group LLC (GCSG). The 2021 CRI is the third publication of the index. The CRI measures compliance risk in more than 200 countries and territories. It provides the reader with a calculated overall composite risk score and assigns a composite risk rating across five domains (Governance and Regulatory, Bribery and Corruption, Trade, Financial, and Data Privacy) and a risk score and rating within each domain for each country.
The domains are assessed using 26 publicly available data sources such as the World Bank, World Economic Forum, and the Heritage Foundation. Based on our analysis and algorithms the information is processed and a score and rating is assigned.
“With today’s fast-paced compliance and risk environment and the recent trade wars and global pandemic companies are looking to diversify their supply chains and reduce their compliance risk.” said Jonathan Mellard, Founder, GCSG.
The CRI is a tool for business, compliance and risk professionals to assist with understanding their potential compliance risk in their ongoing operations and with their M&A activity.
“Our compliance risk index provides the users access to 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 services,” added Mellard.
Access the 2021 Compliance Risk Index: http://www.globalcompliancesg.com/compliance-risk-index
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Global Compliance Solutions Group LLC (GCSG)
GCSG is headquartered in Louisiana, USA. We guide and partner with our clients to reduce their compliance risk and help protect their bottom line and reputation. We provide international Advisory, Audit, and Due Diligence products and services wherever our global clients are located across a range of industries in the areas of Anti-Bribery and Corruption, Import, Export, and Customs Compliance, Data Privacy, Drug Precursor, and Distilled Spirits Plant Compliance.
For more information about GCSG: http://www.globalcompliancesg.com/about-us
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