Capital market compliance for financial services

The regulatory requirements in capital market compliance are diverse and wide-ranging. Starting with the appropriate organisation of the compliance function: from risk analysis to the transition to an efficient monitoring plan, to the implementation of effective monitoring activities and reporting for various bodies in a manner appropriate to the target group.

Capital market compliance is also responsible for other complex tasks, such as conflict of interest management, monitoring employee transactions, creating measures to prevent insider trading, unlawful disclosure of insider knowledge and market manipulative behaviour. In addition, there are often various special areas of responsibility, including measures to protect client financial instruments or monitoring tasks relating to sustainability, outsourcing and numerous other topics.

All of these challenges exist in a dynamic environment. Against the backdrop of growing regulatory requirements, new financial products and increasing attention from financial regulators and the general public, there is a constant need for adaptation.

Missing or improper processes can lead to extensive follow-up work as part of WpHG and custody account audits or special audits. Genuine breaches of regulatory requirements can also have tangible financial consequences and cause almost incalculable reputational damage.

We support our clients with our best practice expertise at all levels of capital market compliance.

We optimise our clients' risk analyses, make them more effective and harmonise them with risk analyses from other disciplines, such as money laundering prevention or MaRisk compliance.

We support our clients in creating risk-orientated monitoring plans. In doing so, we create a seamless transition from the results of the risk analysis to the plans so that the monitoring activities of the compliance function take place at the right place and at the right time and are targeted precisely where risks exist.

We also have tried-and-tested expertise in the areas of market and trade monitoring, monitoring employees' personal transactions, processing duplicates and the efficient and effective management of insider lists, including the associated measures.

We are also happy to scrutinise our clients' capital market activities holistically, for example in the form of a health check, and point out things that are not yet running optimally and help to close these gaps.

If our clients have already undergone an audit by internal or external auditors and are now faced with the challenge of remedying complex and costly findings, we are happy to help them find solutions. We work with our clients to develop customised, practical and innovative solutions and take a holistic view of the situation in order to avoid future findings from the outset.

We support our clients when they change their business model or enter new markets, sales channels, etc., so that they can be sure that new regulatory requirements are taken into account and implemented appropriately from the outset.

Most of our KPMG experts in the field of capital market compliance have worked in financial services institutions themselves over the course of their careers and are familiar with the "engine room" and the daily challenges of capital market compliance. And they know how the theory of regulatory requirements can be translated into the practical reality of credit institutions, asset managers, etc.