Regulatory Engagement

We support you in your journey to regulatory compliance.

With the increasing pace of regulatory development and the increased scrutiny from regulators to ensure firms are not only profitable but appropriately risk managed with robust processes and control frameworks, we support our clients in navigating through an everchanging regulatory landscape ensuring compliance with regulatory expectations and standards at every turn.

Even the most stable and well embedded operations and risk and control frameworks require reassessment and realignment in light of regulatory changes and our focus is to ensure that our clients stay ahead of the curve by ensuring they are supported in building futureproof and best-in-class frameworks.

How We Help Clients

Ultimately our objective is to ensure our clients are confident in their operating models and risk & control frameworks being compliant with regulatory requirements from both emerging and existing regulations, financial or non-financial.

We place reliance on our deep expertise and experience within complex regulatory change and compliance projects, deploying regulatory SMEs to support each aspect of journey to regulatory compliance covering as follows:

We support each aspect of journey to regulatory compliance

Regulatory Horizon Scanning

  • Providing periodic insights and assessments on key emerging regulations impacting the industry and any changes to existing regulatory requirements to allow the business in developing a strategy for change.

Impact Analysis and Requirement Building

  • Building a detailed view of the changing regulatory expectations and requirements as the minimum standards of compliance.
  • Assessing the impact of the regulatory changes on current frameworks to determine magnitude to factor into change management plans.

Gap Analysis and Assessment of Compliance

  • Assessing the current level of compliance within existing operating models and frameworks.
  • Providing a clear view of both readiness and maturity of existing structures against minimum standards and expectations.


Design of Future State Operating Models and Remediation Plans

  • Support in designing the roadmap to regulatory compliance.
  • Assisting in the execution of any enhancements or remediation’s to meet regulatory deadlines.


Ongoing Monitoring and Reviews

  • Developing tools for future proofing and ongoing self-assessment.
  • Supporting the business in engagement with regulators on the status of their compliance.

Our approach to supporting you

We deploy a structured approach to ensuring you are supported in identifying and delivering on the compliance with regulations which could impact your operating models and overall risk and control frameworks.

Our strong and technical regulatory experts break down complex regulatory requirements and are on-hand to assist in the identification, assessment and mitigation of compliance and regulatory risk, leveraging their practical experience across a wide range of regulatory topics from prudential risk regulation to non-financial risk regulations as applied to a range of financial institutions in different sectors and markets.

We believe in a deeply collaborative model where we work closely with your risk, compliance and regulatory functions to not only build solutions that are a tailored fit for our clients but also demonstrate to the regulators that all facets of regulatory change have been appropriately considered and implemented.

Case Study

Regulatory Engagement and UK territory oversight

Client
Global Corporate and Investment Bank

Project Duration
8 months

We provided consultation services to the Territory Management Chief of Staff Office to project manage and deliver regulatory compliance and assurance on current projects driven by UK regulations and inquiries from the UK regulators (FCA/PRA/BoE).

We were hired to:

  • Define the scope of regulatory responses
  • Deliver compliance
  • Design a detailed plan to achieve the target state.

Our service included defining the scope of regulatory responses and delivering compliance to the fast-paced change in UK regulatory landscape which impacted the Banks’s operations in the UK including but not limited to IBOR transition, regulatory inquiries regarding banking authorisation, Brexit and Covid-19 impacts.

Our output of our delivery involved driving senior stakeholder buy-in to regulatory compliance and change, consolidation of responses from the business on regulatory matters and preparing presentations and submissions both for internal consumption (i.e. senior management, heads of business) and for external bodies (i.e. UK regulators) on the status of the regulatory readiness and reg-driven change. We also provided assurance over the governance and control frameworks, including executive committee arrangements and agendas, to better align governance and control standards to regulatory expectations.