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On-going Compliance with Regulations, Policy and Procedures
KnowCo specialises in Regulatory Compliance for banks and
other financial institutions. Our role is:
- to align the compliance burden with your own internal compliance resources at times of extraordinary demand,
- to provide expert support in pragmatically and proportionately meeting increasingly complex and prescriptive compliance
imperatives, and
- to supply efficient and cost-effective tools that extract business benefit from compliance disciplines
We write policies to answer the question ‘What must we do?’ We design processes and systems to answer
the question ‘How do we do it?’
Compliance Assurance answers the question ‘How do we know it’s actually happening in our business and within
our standards and tolerances?’. The KnowCo Compliance Assurance methodology
supports our clients in implementing their compliance assurance programme.
And many institutions adopt a practice of expert external review of their compliance programme status,
especially in times of regulatory upheaval, such as the industry is currently experiencing.
A Compliance Health Check is an opportunity to take stock
and more efficiently marshal resources for
timely delivery of compliance. Because we’re experts, we can quickly detect any potential shortfalls and
suggest ways of rectifying them so that resources are used more effectively.
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