Experienced financial services professional with a proven record of building and operating regulatory, compliance and governance control functions from within a broad range of regulated businesses.
Taking a bespoke approach, where appropriate, we provide an end-to-end solution consisting of discrete stages including initial assessment and analysis, design, test, implementing and embedding.
Our ethos is that a thoughtfully designed, sensitively implemented and robustly embedded Regulatory Control Framework will bring benefits beyond just "best practice" regulatory compliance.
The Financial services sector is highly regulated and this causes organisations’ to face a huge number of complex and ever changing challenges. Navigating through the myriad of legislation has never been tougher, with the ever-increasing cost of compliance, the costly penalties of non-compliance and the risk of reputational damage.
The responsibility for the regulatory control environment is invariably spread across various departments. This ‘silo’ approach means that activities are undertaken by different teams, using different data sets, duplicating effort and potentially leaving gaps in the control framework. This results in Key Risks, Key Controls, policies, processes and procedures being managed and recorded separately and in an un-coordinated way, making it extremely challenging for Senior Managers to get true oversight over their areas of control, which they are now individually accountable for - under the Individual Accountability Regime.
Bespoke GRC can design, implement and embed a Regulatory Control Framework tailored to your business operations.