Risk, Regulation & Compliance

With a comprehensive understanding of regulatory requirements, we evaluate the effectiveness and sufficiency of current compliance frameworks and provide informed recommendations for substantive enhancements. Our extensive experience spans the development, oversight, and management of compliance structures across diverse regulated industries. By employing a pragmatic approach to analysis and reporting, we ensure decision makers are equipped to identify and address deficiencies within their control systems.

We aim to reduce or remove repetitive, irrelevant and redundant policies and controls to save clients money. Our simple, customised solutions align with each client’s risk assessment and regulatory needs, incorporating industry best practices and regulatory feedback. Drawing on our own experience, we ensure our controls are practical and efficient, delivering high-quality, effective policies and procedures.

Compliance monitoring programs are intended to evaluate how well a licensee’s policies, procedures, and controls function. Our team collaborates with clients to pinpoint their key regulatory requirements and potential risks, then helps develop customised CMPs and testing sheets. We strive to make sure CMP reports reflect available resources and provide valuable insights into the effectiveness of compliance frameworks, while also identifying areas for improvement. Beyond designing CMPs, we also offer ongoing testing and board reporting services.

Our team possesses extensive experience in designing and managing regulatory remediation programmes. We strive to establish structured solutions that align with regulatory requirements and position our clients for sustained compliance and future growth. Additionally, we assist clients in leveraging insights from regulatory findings to strengthen their compliance frameworks.

Alongside supporting licensed firms in meeting regulatory standards and deadlines, we offer periodic and final stage testing to provide assurance statements for regulators. At the beginning of each project, we collaborate with remediation teams to ensure everyone shares a clear understanding of what successful remediation involves. We also establish target milestones, determine sample sizes for testing, and agree on likely reporting topics. In each instance, our aim is to achieve a “green light” outcome by taking a proactive, cooperative approach throughout these programmes.

We have significant experience in building financial crime and prudential risk assessments for a range of different businesses. We work with clients to identify the micro and macro risks they face and to document the controls and monitoring arrangements needed to address them. We also seek to attribute appropriate probability and impact weightings and to take account of national risk assessment findings. By adopting this wholistic approach, we ensure that business risk assessments meet regulatory expectations as well as providing a valuable management tool.

We help our clients to develop standardised risk reporting tools which ensure senior decision makers are aware of material risks and threats as they arise, rather than being left to periodic reporting regimes.

We work with clients to identify and manage market and regulatory threats to their regulated businesses. By adopting a proactive approach to the identification of future threats, we help our clients to pre-empt and address such matters head-on before they materialise.