The financial and reputational cost of non-compliance with regulatory requirements is growing at a significant rate.
This coupled with the volume of new regulation facing financial services businesses each year makes it imperative that organisations have a robust compliance management framework.
At Governance Matters we have worked for, and with regulated entities for over 30 years and are acutely aware of what is required.
We can assist with:
- Definition of the compliance universe for your business, including the development of processes to ensure the compliance universe is maintained
- Development of compliance policies
- Review of business processes to ensure appropriate compliance controls are embedded
- Development of compliance monitoring plans and activities to maintain the framework
- Compliance training needs and training delivery
- Compliance review and assurance service
- Design and implementation of compliance recovery plans where failures have been identified.
In addition to the above, Governance Matters can assist in reviewing organisational readiness for a Regulatory On-site inspection.