Regulatory Health Check
In a complex and changing regulatory environment, one of your main challenges is to adapt to new regulatory requirements that apply to your activities, keeping a risk-based approach in mind.
Based on our expertise and knowledge of the banking and PSF industries, we can give you a view of the regulatory matters that regulators and other market players focus on. Sharing this insight, setting priorities and assisting you with diagnostics will help you stay compliant with these regulatory topics. In an increasingly supervised market, our proposed regulatory health check will help you be prepared for supervisory controls (external and internal audit, compliance review, etc.) and regulatory inspections.
Our approach encompasses various important topics, such as:
- Governance principles, including governance bodies and outsourcing arrangements
- Key control functions (e.g. compliance, risk management, internal audit)
- AML/KYC processes and procedures
- MiFID II
- Cybersecurity
- Reporting obligations to national competent authorities, such as MiFIR, EMIR, prudential ratios and the upcoming SFTR and CSDR
- Custodian activities
Our tailored solution will be adapted to your activities and needs, and will be relevant for preparing an internal/external review or regulatory inspection:
- regulatory health check on the regulatory framework relevant to your key activities. Through a document review and interviews, this high-level assessment will give you an overview of your compliance status and will identify gaps to be filled.
- deep-dive review and analysis of a specific compliance topic.
- working sessions with identified key personnel, serving as a dry run prior to interviews with the supervisory body and/or regulators.
Our solution is driven by regulatory experts, who consider business and operational impacts while assessing the regulatory challenges to your activities, organisation and processes.
