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U.S. Risk & Regulation in Volatile Global Markets

Move faster with confidence through market volatility, regulatory change, and data and AI risk.
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-8%

Executive confidence in navigating external trends has fallen eight points globally since the start of 2026, signaling caution in how leaders approach growth and risk.*

59%

Of U.S. executives have diversified operational resources to respond to trade disruption and geopolitical risk, reshaping supply chains and capital decisions.**

70%

Of U.S. leaders report some ethical concerns as AI adoption accelerates, raising the bar for governance and accountability.**

Risk & Regulation Are Now One Connected Agenda

Regulatory compliance, geopolitical risk, and market volatility are no longer separate challenges. They are one connected leadership agenda. Forvis Mazars brings assurance, tax, and consulting together under one connected approach to help you prepare for what’s next and govern the risk and regulation agenda with clarity, control, and confidence.

  • Regulatory Change & Supervisory Scrutiny
  • Supply Chain, Third‑Party, & Operational Exposure
  • Geopolitical Disruption & Resulting Market Risk
  • AI, Data, & Technology Governance

Six months into 2026, 92% of C-suite leaders still expect growth. Yet confidence in managing external trends has dropped eight points to its lowest level since 2021. Leaders aren’t pulling back on investment. They’re reprioritizing, spreading risk and opportunity across markets, supply chains, capital, and technology.

That shift rewrites what good governance looks like. Regulatory change, third-party exposure, cross-border tax, and AI adoption now move together. So should the teams that help you govern them.

Why Forvis Mazars for Navigating Regulatory Compliance, Market Volatility, & Geopolitical Risk

Most firms treat regulatory compliance, tax, and risk as separate practices. We don’t. You get one coordinated team that looks ahead, closes the gaps between disciplines, and helps keep your strategy steady through volatility.

  • Connected Across Assurance, Tax, & Consulting
    One coordinated team addresses regulation, tax, audit, and risk. No silos. No handoffs that leave gaps.
  • Defensible Governance
    We help you build programs designed to withstand regulatory hindsight, board scrutiny, and stakeholder questions.
  • Global Reach, US Depth
    We bring forward local interpretation of cross-border rules through our global network, which operates in more than 100 countries and territories.
  • Insight-Driven, AI-Enabled
    Our ASSURE audit methodology, analytics, and consulting AI Roadmap assist in surfacing risk earlier and focusing attention where it matters to help you decide faster and with better data.
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C-Suite Barometer: Executive Leadership Insights in the US

AI governance is now part of risk governance. When 63% of leaders see measurable AI productivity returns, and ethical concerns and supervisory expectations climb alongside them, the message is clear. Govern AI the way you govern the rest of your business.

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Services That Help You Anticipate Change & Reduce Risk

Volatility touches finance, operations, tax, and technology at the same time. We bring these capabilities together under one approach, helping you spot pressure early and prepare for what’s next.

Strengthen Risk & Compliance Programs

Supervisory scrutiny and market volatility now demand programs that scale with change. We help you modernize governance, risk, and compliance frameworks, prepare for regulatory exams, and build strong independent review functions. The goal is regulatory compliance management that boards can defend and regulators trust.

Relevant Services

Explore Internal Audit & Process Intelligence

Manage Cross-Border Tax Exposure

As supply chains and capital move across markets, tax exposure follows, often faster than internal governance can keep pace. Our tax teams help you navigate international, federal, and state obligations while supporting transfer pricing positions amid shifting global rules. The result can be a tax position designed to support expansion with greater clarity amid geopolitical and trade disruption.

Relevant Services

  • Global compliance and reporting
  • International tax
  • Federal tax planning
  • State and local taxes
  • Transfer pricing
  • Pillar II compliance

Explore Our Tax Intelligence Platform

Build Assurance & Trust

Trust is the currency of growth in volatile markets, and it has to be earned. We help give boards, investors, and regulators confidence that transparency has been earned, not assumed. From PCAOB audits to ESG assurance, we help you turn transparency into a business advantage rather than just an obligation or requirement.

Relevant Services

  • Financial statement and statutory audits
  • Integrated audits and SOX compliance
  • Public company audits
  • Internal audit
  • ESG assurance
  • Employee benefit plan services

Explore Risk-Focused Assurance Services

Govern Data, AI, & Technology Risk

Data is now both your sharpest risk-management tool and your fastest-growing source of exposure. We help you turn fragmented information into near-real-time risk insight through dashboards, scenario modeling, and predictive analytics, then govern it with the AI, cyber, and privacy guardrails that regulators and boards increasingly expect. The result is technology and data you can scale with confidence.

Relevant Services

  • AI governance frameworks
  • Analytics, risk dashboards, and scenario modeling
  • Data-driven compliance monitoring
  • IT risk and compliance
  • Data governance and privacy
  • Cybersecurity and CMMC

Explore AI Strategy & Integration

Drive Transformation With Control

Growth and transformation shouldn't outpace governance. Our teams embed risk and control into finance, tax, and operating-model change, so modernization helps strengthen defensibility rather than creating new exposure. We connect transformation directly to sound governance, not innovation for its own sake.

  • Finance and tax transformation
  • Business technology services
  • CFO and business consulting
  • Operating model redesign

Explore Digital Transformation

Secure the Supply Chain & Global Operations

Geopolitical risk has turned supply chains into a primary source of market and regulatory exposure. We help you govern third-party and operational risk; model disruption from tariffs, sanctions, and conflict; and harmonize oversight across regions. This is geopolitical advisory and geo-strategy applied where it counts, building resilience that helps protect growth against the shocks reshaping global trade.

Relevant Services

  • Third-party risk management
  • Operational risk management
  • Supply chain risk assessments
  • SOC and HITRUST
  • Customs advisory

Explore Tariffs & Global Trade

Sector Signals on Risk, Compliance, & Market Volatility

Risk and regulatory pressure look different in every sector. The signals below show where the pressure lands hardest.

Financial Services

Adoption is accelerating faster than governance, raising exposure for boards and regulators.

45% of financial services leaders in the U.S. call AI’s ethical risks a major concern, the highest of any sector.**

Energy & Infrastructure

Rising costs now shape both financial planning and compliance priorities.

Among the 42% of respondents across all sectors who expect market conditions to compress profits in 2026, energy and infrastructure led at 48%, the highest of any sector.

Manufacturing

Growth and geopolitical risk now compete for the same capital.

75% of manufacturing executives are prioritizing AI investment while absorbing tariff and trade costs.**

Technology, Media, & Telecommunications (TMT)

Managing regulatory fragmentation and cross-border compliance shape growth.

48% of US TMT leaders cite managing local regulatory, legal, and tax compliance as their top barrier to international expansion.**

Consumer

Pricing power and margin resilience are now governance questions.

32% of consumer executives globally say they are passing costs to customers as economic trends dominate North America.*

Healthcare

Policy change directly affects financial planning and compliance in business.

55% of healthcare executives say regulatory and reimbursement restructuring is one of the most concerning market dynamics for their organization.†

Nonprofit

Funding volatility raises the stakes for oversight and reporting discipline.

In 2025, one-third of nonprofits surveyed reported disruptions in government funding, leading to reduced services and staff reductions.‡

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