Proactive Approach
Anticipating changes helps you prepare before they arise.
EXPERTISE› REGULATION & COMPLIANCE
Tracking regulations is not enough.
Understanding their impact matters.
We go beyond reporting changes in customs, foreign trade and related legislation, analysing their impact on your company so management can take the right action at the right time.
REGULATORY IMPACT MANAGEMENT
Regulatory MonitoringREGULATORY MONITORING
Continuous monitoring and prioritisation of changes in legislation and practice.
Impact AssessmentIMPACT ASSESSMENT
Analysis of the operational, financial and legal implications of changes for your company.
Management BriefingMANAGEMENT BRIEFING
Executive-level summaries and recommendations for action.
ActionACTION
Implementing and monitoring necessary changes to policies, processes and controls.
BUSINESS SIGNIFICANCE
Turn change
into opportunity.
When managed correctly, changes in legislation and practice are both a compliance obligation and an opportunity for competitive advantage. However, failing to analyse their effects correctly can create significant financial and legal risks.
Strategic Alignment
Aligning regulatory changes with your company strategy.
Risk Reduction
Limiting financial, operational and reputational risks by preventing potential non-compliance.
KEY RISK AREAS
Regulatory Changes
The risk of failing to monitor new regulations promptly.
Differences in Practice
The risk of incorrect transactions due to differing administrative views and practices.
Financial Impacts
The effects of new regulations on tax and financial obligations.
Non-Compliance Risk
Existing practices that do not comply with legislation.
Internal Control Weaknesses
Inadequate internal control and monitoring mechanisms for regulatory changes.
International Regulations
The effects of EU, OECD and other international regulations on Turkish legislation.
HOW CAN INSPEC HELP?
We make regulations
meaningful for your business.
We analyse the technical details of regulatory changes, assess their impact on your company and provide practical solutions to help you manage compliance with confidence.
Discover Our ApproachAudit Approach
We identify risks and provide recommendations through compliance testing, internal control assessments and practical analysis of regulatory changes.
Our Audit Services⟶Advisory Approach
We analyse how regulatory changes affect the company, providing technical advice on the operating model and action plans.
Our Advisory Services⟶INSPEC ASSESSMENT METHODOLOGY
- 01⟶
Regulatory Analysis
Comprehensive, systematic monitoring of relevant regulations.
- 02⟶
Impact Assessment
Analysis of impacts on your company's activities and transactions.
- 03⟶
Gap Analysis
Identifying differences between current practices and new regulations.
- 04⟶
Action Plan
Developing recommendations for policy, procedure and process updates.
- 05
Monitoring and Support
Following implementation and providing additional support where needed.
RELATED SECTORS
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