The Cost of Compliance Report

Length: 16 pages | Format: PDF

This report explores today’s compliance spend and returns: where budgets sit, what slows teams down, and how firms can convert “necessary cost” into competitive advantage. It includes perspectives from senior regulators and practitioners, and findings from our benchmarking research.

Highlights from the report:

The big compliance risks facing your business today
Most firms link compliance training to avoiding fines rather than competitive advantage
The best ways to deliver efficient and targeted training

What you'll learn

The current cost pressures, from static budgets to reliance on spreadsheets and manual processes.
The biggest risks driving cost: data fragmentation, cyber exposure, and culture gaps.
How to position compliance as a business enabler with measurable direct and indirect benefits.
The role of AI and targeted learning in cutting time, reducing errors, and improving outcomes.

What the report covers

Ideal for:

Compliance leaders and L&D managers
Risk, audit and regulatory affairs teams
Senior executives and board members seeking ROI clarity on compliance investments

What's inside:

Expert commentary from former regulators and industry leaders on risk, culture and oversight
Benchmarks on tooling, training adoption and budget sentiment
A benefits framework: direct impacts (avoiding fines and disruption) and indirect gains (brand, talent, investor confidence)
Practical steps towards “smarter compliance” including pre assessments, role relevant learning and AI assistance

Why download:

Save time: a ready‑made case for modernising compliance operations
Reduce risk: replace manual processes with auditable, efficient workflows
Prove value: link compliance to revenue, brand trust and investor confidence
Plan investment: prioritise training and technology that improves resilience

How can compliance training help?

Our survey found that cybersecurity training is patchy among many organisations, despite the well-known risks. But an organisation’s commitment to delivering ongoing and engaging training more often than not reflects its wider culture. Those who empower employees to understand the threat, make good decisions, and flag up any concerns stand a better chance of protecting their systems and data, compared to those who treat training as a tick-box exercise or fail to deliver it regularly (or at all).

So, as you’ll see in the report, training enables firms to embed good practices in their teams and create a healthy culture of compliance, not complacency.

Get your copy Explore cybersecurity training

Contributors

Ed Chedzoy

Head of Mandatory Learning & People Capability at Standard Chartered

Ed explains how training can spark a ‘lightbulb moment’ among employees, empowering them to make better decisions.

Katharine Leaman

Leaman Crellin CEO | Skillcast Advisory Board member

Katharine says that business change and new technologies can expose firms to risk.

Scott Morris

StoneTurn Senior Advisor | Skillcast Advisory Board Member

Scott warns about the low-level insidious behaviours within a workplace that can increase risk.

David Kenmir

Skillcast Advisory Board Chair | PwC INED FSA & Risk and Regulatory Partner

David adds his experience as Chair of Skillcast’s Advisory Board and INED (formerly Managing Director at the FSA and Risk, and Regulatory Partner at PwC). He looks at how firms can build a healthy level of scepticism within their teams.