The regulator’s dearth of confidence in the past performance of financial sector, with programs setup as KYC, AML and CDD. As a result of sector-wide inquiries or file examinations and incidents, the regulator may determine that your processes do not comply with applicable laws and regulations. In this instance, rapid and complete recovery is anticipated.

We as CCG Asia, will independently execute client engagements program, we will look at KYC, AML and CDD Policies and processes and system reviews, looking at the AML framework transaction monitoring reviews, KYC due diligence & compliance reviews, fraud risk assessment, support including assistance in matters relating to financial issues such as business interruption, etc.

We assisting financial institutions in planning, implementing, and executing recovery actions. We assess the scope of the issue, develop a plan of action, and assist with the implementation of measures to ensure that you are once again in compliance with all applicable laws and regulations. 

With this we will preserving and reestablishing the regulator’s confidence in your company. Numerous of our consultants have regulatory experience. As a result, we understand the operation of the regulatory authorities better than anyone else and maintain positive relationships with the government’s regulatory body.

Having a framework alone is insufficient. Additionally, it must function well in practise. A well-designed compliance function also contributes to the optimisation of a business’s operations. Maintaining policy, ensuring proper separation of responsibilities and functions, creating risk awareness, and knowing customers and their market all contribute to the success of an organisation.

Setting up and optimising and supporting the compliance department and the compliance officer position within a financial institution requires a comprehensive understanding of applicable laws and regulations, the customer base, and a pragmatic approach to getting things done.

Numerous financial institutions lack the time and expertise to establish an adequate and high-quality compliance function that is proportionate to the institution’s nature and size.  time and knowledge to establish an adequate and high-quality compliance program that is proportionate to the institution’s nature and size. Do you require assistance with establishing or optimising the compliance framework or the compliance officer position? .