Your partner when implementing regulatory requirements
The complexity of regulatory requirements has increased significantly with the introduction of MiFiD II. And there is no end to regulatory initiatives. Be it new rules on IT processes and controls, outsourcing or sustainable finance - new legislative initiatives are developed continuously. Accordingly, regulatory requirements are demanding ever increasing attention. At the same time, many clients express frustration due to the complexity of supervisory law and the resulting uncertainty whether all requirements are being implemented to a sufficient extent.
We support our clients in identifying and implementing their applicable regulatory requirements. This support can be topic-related (e.g. support in the implementation of the DSGVO), but it can also be more of a general nature. For example, we offer a „regulatory due diligence", examining to what extent the relevant regulatory requirements are met in the status quo, identifying and describing gaps and supporting the risk assessment of any existing deficiencies. Together with you, we develop appropriate actions and provide support with implementation and monitoring.
For medium-sized financial service providers we also offer to provide the compliance function as full insourcing. For example, we support the fulfilment of reporting obligations, the implementation of second level controls, manage reporting obligations and accompany regulatory audits. In the event of regulatory changes, we perform analyses of the implications and work with you to develop measures for implementing requirements.
We offer compliance training both as regular training courses as well as on an ad hoc basis. For example, we can provide training for newly hired employees, for portfolio managers' certificate of competence or for managers and supervisory boards. In addition, we also design training courses as in-house workshops on current topics or as a preparation for internal control audits (such as according to ISAE 3402).
Often, there is not one correct solution but multiple acceptable ways to fulfill new regulatory requirements. When discussing your tasks at hand, we can share our experience gained from regulatory audits at other clients and insights gained from our conversations with the supervisory authorities and other professionals.
We are your contact for all regulatory issues and will be happy to support you in the optimal implementation of all regulatory requirements. Please contact us to discuss your project.