Financial services (Banking, investment business, securities, funds, insurance, and trust and corporate service providers) and AML/CFT issues across financial services Designated Non-Financial Businesses and Professionals and Non Profit Organisations.
Governance and structural matters are critical to a country’s financial services regulatory framework and with this in mind Comsure can advise on all regulatory and supervisory matters associated to:
- Financial services (Banking, investment business, securities, funds, insurance, and trust and corporate service providers)
- Designated Non-Financial Businesses and Professionals and Non Profit Organisations.
- AML/CFT issues across the above
Further to these areas Comsure can provide Technical Assistance (to the executive or non-executive board of a regulatory Authority and / or to Government) in a number of respects that include:-
| Strategic thinking |
Regulatory specific matter |
AML/CFT matters |
- Matching international co-operation, law and practices
- International co-operation
- Managing transparency and key relationships
- Consider agency Remit, responsibilities, enabling law
- Review Board structure, representation, independence and accountability
- Objectives and over-arching policies (e.g. licensing policy -v- growth)
- Resources, competencies, funding and effectiveness
- Regulatory Risk management
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- Adopting a risk based approach to supervision
- Building visit plans
- Monitoring supervisory teams
- Writing codes and guidelines
- Assisting with
- Enforcement case management
- Reporting professional appointments
- Decision making process
- Assisting with regulatory and industry training plans
- Investigations –
- An investigation may look into conduct of a regulated person
- Provide an independent review of a complaint about the regulatory authority.
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- Detailing the risks faced by the jurisdiction,
- How its measures address them and how agencies divide responsibilities and cooperate effectively with one another.
- Technical assistance can be provided to ensure legal provision meets FATF requirements such as
- Writing regulatory guides and hand books
- Providing industry and regulatory training
- Coaching regulatory visit teams
- Assisting with regulatory visit plans
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