Regulatory Remediation

Overview

In the current market, it can be difficult for organisations, particularly FS companies, to implement new regulations while keeping up-to-date with industry standards. It can be a challenge to balance these requirements within the organisation’s internal control frameworks while at the same time ensuring that staff have the relevant training and qualifications necessary to effectively operate within these frameworks.

Potential issues

The typical issues you might be facing include:

You don’t have the right in-house expertise to implement a risk mitigation programme
You don’t have the sufficient internal resources to take on a mitigation project

How can we help?

Our team has extensive experience with analysing processes and developing and embedding new frameworks. We offer firms assistance in formalising processes and improving process deficiencies. We can help with the following:

Implementing risk mitigation programmes
Implementing effective governance processes
Developing the effectiveness of the compliance function
Implementing Anti-Money Laundering (AML)/Counter Terrorist Financing (CTF) remediation plans
Documenting of regulatory compliance processes
Carrying out post implementation reviews