Organisations need to ensure effective compliance with increasingly varied and complex requirements.
In addition, increased accountability and potential exposure to liability is challenging for Boards and management. Now, more than ever, it is critical to ensure that relevant and efficient control procedures are in place.
How we can help
Regulatory Compliance
Our services include:
- Evaluation of current compliance policies and procedures, and assistance in developing new compliance policies and procedures
- Provision of advice on design of the compliance function and, when appropriate, assistance with the design and implementation of specific reporting systems, process requirements, and compliance programs, including training approaches
- Co-Sourcing of the Risk and Compliance Functions for an interim period until further resourcing is identified by the organisation
- Assistance to the Compliance Function in keeping abreast of new and upcoming regulations
- Tailored regulatory and compliance related training to Board, Senior Management and even first line functions
- Regulatory gap analyses
- Ad hoc regulatory advice and assistance
Regulatory and Risk Management
Our services include:
- Assessment of current structures, processes and controls, and assistance in improving these
- Assistance with enterprise-wide risk management, including risk assessment exercises, drafting or review of risk management framework-related documentation (such as risk registers and risk management policies and procedures)
- Tailored risk management training to Board, Senior Management and even first line functionss and privacy legislation compliance
- Assisting in regulatory reporting or performing reviews of regulatory reports
- Assistance and coaching in relation to onsite inspections, regulatory correspondence, and interactions with regulators
New Business/New products
We can help clients:
- Obtain a new licence from the Regulator
- Identify whether an extension in licence is required
- Structure new business/new products so that regulatory approval can be obtained
- Present to the regulators requests for approval of new businesses/new products and extensions in licence, if required
- Create new policies, procedures and processes, including internal controls, that will be needed prior to commencement of new businesses/new products.
