Engagements typically start with a senior-level current state assessment of the current position. A documented review is provided, including outcomes of stakeholder interviews and comparisons of clients’ internal financial crime framework, policies and controls to industry best practice. We are then able to identify critical gaps in comparison with regulatory requirements, and provide a list of recommendations for meeting these obligations.
Service
Financial Services Risk Management
Financial Services, Risk Management, AML and Regulatory Reporting Subject Matter Experts
Our subject matter experts (SMEs) have extensive experience in helping clients to fully understand and respond effectively to international compliance obligations in the fast-moving regulatory landscape.
We specialise in understanding precise client needs and the markets within which they operate. This allows us to design and operationalise bespoke Target Operating Models and frameworks.
Review and assessment
Further scoping and activities can include:
Assessing and outlining specific regulatory demands
Stakeholder engagement including updates to senior executives and presentations to critical personnel
Acting as lead advisor for compliance procedures and high-risk escalations
Redesigning and embedding operating frameworks
Creating group-wide policies and standards, procedures and first-line operational toolkits
Leading and managing group-wide consultations on frameworks and delivering for board approval
Advising on digitisation and AI strategies
Executing operational change programmes