Regulatory Compliance and Surveillance
It is crucial to build a program that addresses all specific risks and mitigates them within the level of tolerance at your institution – the accepted risk appetite.
- How do you have assurance that the policies and procedures meet all regulatory requirements and expectations?
- Is the approach of implementing the changes in regulations effective and efficient?
- Are you fully protected from risks such as financial loss, regulatory violations, civil money penalty (CMP) and fines, legal actions, high-cost remediation or reputational risks?
The specialised Compliance program creates an internal controls system. The responsible employees shall be aware of their responsibilities and how to make sure that all internal activities are performed within the latest regulations and expectations.
It is required to effectively assess the inherent risks and the control framework that are currently present by the most suitable approach to eliminate all potential misuse and abuse of your services and your company.
Furthermore, the developed Compliance program will be specific to your organisation’s business activities to protect and ensure ongoing commercial activities in a safe and transparent approach.
