How are companies in the financial sector affected when a whole new generation of regulations come into effect? What will be the consequences and impact of the MiFID and AIFMD directives along with the Basel III regulation?
What we note is that the new regulations place extensive requirements on internal governance and control, such as processes and procedures, documentation, communication, risk management, reporting and not at least the business Culture.
The FSAs supervision is evolving to become increasingly extensive and specific. And we also see that more and more businesses and industries fall within regulatory requirements.
Several of FCG’s consultants have held senior positions in both the FSA and as responsible for compliance at various types of financial companies. Therefore, we have both the experience and the expertise required to develop specific solutions for your company.
We offer full service solutions in areas such as:
- Licencing Applications
- Analysis of operations based on regulatory and industry practices
- Interim solutions and project management
- Ongoing consultative support to the Board, management and control functions.
- Support in development of guidance documents, risk analysis, etc.