REGULATORY COMPLIANCE SERVICES
Irrespective of size, license/ scope and jurisdiction of your firm, being compliant nowadays or -in more relative terms- reaching a satisfactory compliance level/ state, is a vital constituent of staying in business. With legislators and supervisory authorities becoming excessively demanding there is no room for complacency while ongoing regulatory hurdles and possible compliance lapses are sure to cause substantial cost in various forms now or in the future. We are offering our expert assistance to help you keep up with new legislation, meet your reporting obligations and ring-fence your business from regulatory risks, while aligning compliance and business to support growth.
International Compliance/ Regulatory Consulting
International Compliance/ Regulatory Consulting
International Compliance/ Regulatory Consulting
- Compliance as a service (retainers)
- Ad-hoc compliance and regulatory services predominantly relevant to entities operating under MiFID II, as well as under other legislative frameworks, depending on the jurisdiction
- Partial or full outsourcing of the Compliance Function/ Secondments of Compliance/ AML positions in entities
- Assistance with reporting/ regulatory filings and replies to Supervisory Authorities (through email, company letters, portal, as applicable),
- Regulatory updates/ notification services
- Compliance framework assessments and design of policies and procedures relevant to the Compliance Monitoring Program and risk based approach of the entity
- Drafting, reviewing, updating internal policies/ manuals
- Performing mock reviews to entities, assimilating Regulators' approach, prior to upcoming/ planned supervisory reviews
- Offering support during on-site or desk based Regulators' reviews, enforcement investigations, call for representations, etc.
- Advising on Compliance remediation plans following possible regulatory actions (fines/ settlements) against entities, thus addressing issues and bringing to the entity an optimal level of compliance
- Website reviews and compliance checks e.g. on marketing material, social media of entities, overall online presence, etc.
- Assistance with the preparation of annual Compliance Reports of CIFs and relevant Board Meeting Minutes, Seychelles Securities Dealers' bi-annual Consumer Protection Reports and other reports depending on jurisdiction,
- Thematic Compliance Health Checks (e.g. on product governance, sales/ marketing approach), Compliance Gap analyses and impact assessments, etc.
AML Advisory
International Compliance/ Regulatory Consulting
International Compliance/ Regulatory Consulting
- Advising on policies, procedures and control systems to prevent money laundering, i.e. for Know Your Client (KYC), Record Keeping, Recognizing and reporting suspicions of money laundering, application of an AML Risk based approach, offering education and training of employees, etc.
- Reviewing/ updating AML/ CFT manuals, depending on jurisdiction of the entity
- Assistance with the preparation of the annual Anti-Money Laundering Compliance Reports of CIFs and relevant Board Meeting Minutes, Mauritius Investment Dealers' Annual Business Risk Assessment reports and Independent audit reports on AML/ CFT; other reports depending on jurisdiction.
- Thematic AML Compliance Health Checks and other AML oriented assurance engagements.
Risk Management
Other Advisory Services
Other Advisory Services
- Advice on risk management framework and related matters and preparation of policies/ procedures related to the Company's risk management function
- Preparation and annual review of the ICAAP/ ICARA Report
- Preparation of periodic Capital Adequacy and prudential requirements Reports for submission to Regulators
- Preparation of annual Market Discipline Disclosures (Pillar III Report)
- Assistance with the preparation or review of the annual Risk Management Reports and relevant Board Meeting Minutes.
Other Advisory Services
Other Advisory Services
Other Advisory Services
- Assistance with corporate governance and organizational restructuring projects,
- Advice on other legislative areas such as General Data Protection Regulation (GDPR), Market Abuse Regulation (MAR), Environmental Social and Governance (ESG) services, CRS/ FATCA, ICT and cybersecurity, Digital Operational Resilience Act (DORA), etc.
- Personnel/ HR related services, e.g. locating fit and proper Directors, qualified personnel for control functions, drafting specialized Employment/ Secondment Agreements, etc.