Assurance reviews and risk assessments

The best way to ensure risk and compliance procedures and systems are watertight is to frequently put those systems to the test. Our Risk and Compliance team provides comprehensive evaluations of your processes and controls, to make sure that your operations are in line with regulatory expectations and industry best practices. Our risk assessment service is designed to identify and mitigate potential risks that could impact your operations and reputation.

We can assist you with:

• Compliance assurance reviews: we can conduct thorough reviews of your business or to assess whether you are meeting regulatory requirements and expectations.
• Governance reviews: we undertake reviews of the effectiveness of governance arrangements, including the effectiveness of the board and its committees.
• Regulatory due diligence: we can perform due diligence of regulatory and financial risk as part of M&A activity.
• “Shadow s.166”: we can undertake s.166-type reviews to enable you to proactively identify and manage issues.

• Completed a governance effectiveness review for a motor finance firm.
• Provided several regulatory and financial crime due diligence reviews as part of M&A, including conduct risk review of bank, insurance intermediaries, consumer credit firms, lifetime mortgage, funeral plan providers and payment services firms.
• Performed compliance assurance reviews for range of clients covering topics such as SMCR, complaints, affordability assessments, debt collection, treatment of vulnerable customers and Consumer Duty.