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Compliance Health Check
With the many new regulatory initiatives being introduced around the world, there has never been as
much focus on regulatory compliance in the financial services arena as there is today. From a firm’s
perspective this means ongoing change and increasing regulatory requirements which demand further
investment. This can pose questions to business executives, compliance managers and risk managers alike.
For example:
- Which regulations apply to my institution?
- How can I be sure that we have understood what is required by the changing regulations?
- How can I be confident that we have put in place the right structures and initiatives to deliver on time,
avoid regulatory sanction and ensure we realise the full business benefits?
- What is it that the regulators are expecting?
The KnowCo Health Check programme for Regulatory Compliance focuses on determining whether your
initiatives aimed at achieving regulatory sign-off are well-focused and on track. We help to ensure
that your organisation has the best possible chance of realising benefits for the business
from regulatory compliance.
While ultimately dependent on the size and complexity of the initiative, a typical review takes
between 5 and 15 days’ effort, over the course of 2-4 weeks.
We have conducted health check assignments for our clients in the following areas:
- ICAAP
- ILAA
- Credit Risk policy
- Liquidity risk pricing or FTP
- ALCO structures and workings
- ARROW readiness
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