Compliance
"We are constantly working with our clients to help them achieve the highest level of compliance possible."
There is an ever-increasing burden of regulations and standards that are invariably overlapping and can often lead to conflicting requirements that lead to confusion on the most effective methods of managing and monitoring.
Because compliance efforts can straddle traditional departmental lines, organisations are often unclear as to who should lead, who should participate, who should monitor, and who is ultimately accountable for compliance management and performance.
We will work with you to identify the precise mix of regulatory and industry requirements to which your organisation must comply. We will clarify the overlaps and conflicts therein to document a roadmap to guide you through the compliance jungle.
At a glance:
We are familiar with and support clients in meeting requirements across a range of regulated sectors
We can review your existing compliance frameworks and provide constructive feedback to improve arrangements
We can design and support effective compliance monitoring frameworks for your business
We provide training and support to management, compliance teams and Board.
What we offer
Analysing (impact/gap assessment) the effects of legal and regulatory developments on the business model.
Setting up corporate governance structures and compliance units in accordance with generally accepted standards.
Providing management with advice and information on new areas of compliance.
Providing training and further education to compliance managers and reviewing existing compliance functions.
Regulatory and commercial penalties for failing to secure information and information assets can be severe and value-destroying; with the exception of the detailed requirements of the PCI DSS standard, regulatory guidance on compliance requirements is, however, still very limited.
How this can benefit your organisation:
Minimise risk of regulatory fines or enforcement action by your regulator;
Minimise risk of personal fines or enforcement against your executives;
Take a proactive approach to addressing regulation and its impact,;
Maximise the competitive and strategic opportunities resulting from regulatory change;
Reduce costs associated with regulatory compliance;
Provide independent assurance and benchmarking of regulatory compliance; and
Share best practice recommendations and experience in regulatory reporting.
For all organisations engaged in activities that come under the control of a regulator, we can provide support, advice and assurance to help you manage your regulatory risks. In an ever-changing regulatory environment, we help ensure that you identify, manage and control any existing and future regulatory risks.