Sigma Risk serves financial regulators, banks, global corporates, law enforcement and government bodies helping understand regulatory requirements, financial crime compliance challenges and customised solutions to help achieve compliance in most effective and efficient manner.
Regulatory Visits Advice and Support
Regulators around the world are increasingly using onsite inspections and interviews to assess firms’ compliance with the required standards. It’s important for firms not to underestimate the significance of these regulatory reviews conducted directly by regulators or through specialist “Skilled Person” reviews. Poorly managed interactions with regulators can have severe consequences for firms, including continued scrutiny and questioning, as well as more onerous and costly penalties.
Experts in the major regulatory areas of Governance, Risk and Compliance, Financial Crime Compliance, and Consumer Protection are part of Sigma Risk’s team. They can provide your senior management with high-level assessments and training in these areas so they can effectively and confidently handle the regulators’ scrutiny.
Our subject matter experts guide our clients throughout the regulatory review, right from inception to the conclusion of the regulatory reviews.
Our key services include:
Self-Assessment of controls framework | Review of policies & procedures | Review of regulatory visit scope | Coaching on effective interactions with regulators | Mock interviews | Review & advice on regulatory information requests