Benchmarking
Measuring effectiveness and proportionality
It's not about the gold-plating the compliance programme or the conduct and culture metrics (that often comes later as a result of supervisory intervention). It's about the effectiveness and proportionality of your your compliance programme to deliver good outcomes, day in day out, and to be able to scale to adapt to changes in the business and regulatory environment. We can tap into years of experience, know-how and interaction, and feedback, from regulatory authorities to deliver practical advice and implementation support for most aspects of your compliance framework, including:
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risk assessment and compliance planning
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delivering an effective advisory support capability
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undertaking an efficient monitoring and assurance programme
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assessing regulatory perimeter and licensing issues for new products or markets
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appropriate and effective compliance training
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persuasive and useful reporting around the compliance programme and culture & conduct
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independent oversight and management of internal or external conduct-related investigations
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preparation or review of your compliance manual, policies, procedures and processes
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providing impartial feedback on your compliance systems and controls in comparison with your peers or leading market participants
Applying Subject Matter Expertise
It's not just about what you know or what qualifications you have
What you know is often just the starting point. Many other factors come into play in ensuring good compliance outcomes, including:
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Do the technical skills you possess allow you to make an informed decision? If not, are the resources or networks you have good enough to help you find the answer?
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Are your interpersonal skills good enough to establish all the facts, where the fact gaps are, whether you are bringing your stakeholders with you, are you persuasive enough for stakeholders to accept your assessment and then pragmatic enough to adapt that assessment in the light of new facts?
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How effective and timely are you in navigating a complex world of grey in order to provide enough certainty for your business?
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Sometimes it's not just about the "compliance answer" - a network of systems, controls and processes will often need to be understood so that sustainable good compliance outcomes can be achieved. This will often mean having a good cross-functional understanding of other components such as risk management, settlement operations, front office order and trade management systems, Human Resources, IT, product control, Internal Audit
We have over 30 years' practical and cross functional experience in the sell-side financial markets and international wholesale energy trading markets and have the ability to effectively interact with other support and control functions to provide a joined-up and end-to-end solution.
Sometimes you just need a little more
We can support longer-term assignments or provide interim cover when required
A helping hand needs to come in a number of different forms depending on the situation you find yourself in or the requirements you have for the road ahead.
We aim to provide a flexible helping hand that includes:
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interim compliance and financial crime support:
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at head of level
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as a subject matter expert
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providing support for monitoring & assurance and transaction surveillance
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Project management support for:
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regulatory compliance change
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implementing regulatory compliance, financial crime and transaction surveillance systems
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Provision of compliance and financial crime support as a part of a flexible and scaleable resource when permanent headcount is not an option
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Coaching and mentoring for:
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head of level, including those discharging FCA senior manager functions for the first time
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maintaining high-performing teams
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teams going through significant organisational change
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