Sustainable economic crime strategy and framework

Engage GCCcomp to support you to design, implement and embed sustainability as a strategic goal – Compliant business

The challenge for organisations -

i. Inadequate economic crime strategy resulting in failure to meet regulator’s expectations, loss of credibility and inability to set realistic targets based on sound understanding of emerging risks. Failure to demonstrate tangible progress against the approved strategy and plan.

ii. Inadequately designed economic crime framework resulting in a failure to effectively identify and articulate economic crime risk exposure. The absence of a clearly defined strategy, coupled with limited business accountability and engagement, resulting in weak controls design, a reactive focus on remediation, and increased operational disruption and costs.

iii. Failure to adopt sustainability as a strategic goal leading to higher long-term economic crime compliance cost, negative operational impact, harmful de-risking measures, and costly remediation effort. Sustainability is perceived as a choice instead of an essential driver of resilience and growth.

iv. Inadequate management information (MI) to inform the board and executive team, limiting their ability to make informed strategic decisions and leading to reduced operational efficiency, regulatory reporting challenges, and diminished engagement and oversight.

GCCcomp-driven solution – Adopting a proactive approach

i. Adopt a comprehensive strategy for managing economic crime risk – document progress, demonstrate effective oversight, align with peer actions and industry best practice through proactive risk management and continuous improvement, minimise disruption, and remain focused on business operations.

ii. Design and adopt a robust economic crime framework – assign clear accountability of business leads as economic crime risk owners, developing a robust yet flexible economic crime framework that adapts to emerging risks. Prioritise and document actions based on risk impact to ensure appropriately designed and implemented controls are put in place to reduce the cost of remediation.

iii. Embed sustainability as a strategic goal – make sustainability a strategic priority by driving efficiency and proactive improvement. Take a proactive, goal-orientated approach, making efficiency a core priority to drive sustainable performance and adopting compliant business as a competitive advantage and key differentiator.

iv. Ensure the board and executive team stay informed and are actively engaged – by delivering accurate, timely and relevant management information (MI) that supports effective decision-making. Appoint strategic advisors to provide insight and guidance to enhance the board and executive-level decisions and oversight.

Result

• Robust and sustainable strategies and economic crime frameworks that adapt to emerging risks and evolving regulatory requirements.

• Position compliant business as competitive advantage.

• Enhanced customer experience and reduced friction. Aligning regulatory obligations seamlessly with core business objectives.

Regulatory pressure around economic crime has intensified — and it’s here to stay.

As regulations evolve in both sophistication and enforcement, forward-thinking organisations understand the need for comprehensive yet adaptable economic crime strategies and frameworks that go beyond compliance to enable efficiency, growth, and sustainability.

Partner with us to develop a tailored economic crime strategy and a robust, flexible risk framework that minimises disruption, strengthens customer confidence, and supports sustainable growth. By fostering a culture of integrity, accountability, and responsible governance, you will build resilience and readiness to deliver enduring value in the face of evolving economic crime risks.

We will help you build a compliant business that enables you to focus on delivering growth and long-term value for your shareholders.