The biggest challenge for companies is the increasing regulatory complexity. 52 % of Nordic companies see this as the primary barrier to an effective compliance function, while 38 % point to culture and 35 % to organizational complexity as significant factors making it harder to navigate the complex compliance landscape.
”It is crucial that companies adapt their compliance models to navigate the increasingly complex landscape. A strategic approach to compliance can not only reduce risks but also strengthen a company’s resilience, ability to create value, and build trust.”
The increasing complexity of compliance requirements has had a significant negative impact on several areas within Nordic companies. A full 91% report that the implementation and maintenance of IT systems and data have been affected, while 80% mention resource capacity as a challenge.
Technological compliance risks, particularly cybersecurity and data protection, are among the most pressing priorities. 50% of Nordic companies highlight cybersecurity as a top priority, while 40% emphasize data protection and privacy as key focus areas.
PwC’s Global Compliance Survey 2025 is based on responses from 1,802 senior professionals, including business leaders (38%), Chief Compliance Officers (25%), Chief Risk Officers (14%), Chief Audit Executives (9%), and General Counsel/Heads of Legal (5%). The survey covers 63 geographic locations, including Europe, North America, the Asia-Pacific region, Latin America, the Middle East, and Africa, providing insights into compliance challenges and developments. From the Nordic countries, Denmark, Sweden, Norway, and Finland, 48 companies participated, with the majority (81%) being companies with revenue exceeding DKK 1.7 billion.
Anastassia Stukan
Tori Meadows