Failing to keep up with the latest rules and regulations governing a business can prove to be very costly for companies that find themselves in a state of non-compliance and potentially in need of remediation.
CX Financia has the proven skill and experience to support clients operating within highly regulated industries. Helping them navigate, design, and transform their operations, processes, controls, and infrastructure to address the specific regulations, regulatory requirements, and operational risks that they face.
We can help you design a sustainable regulatory compliance program that fosters organizational value by identifying and creating competitive advantages.
Whether you’re looking for a consultancy partner for the first time, seeking to benchmark your current provider and costs, or obtain a genuinely fresh perspective on your regulatory compliance, our team can help.
What is Regulatory Compliance?
Regulatory compliance is the process of complying with applicable laws, regulations, policies and procedures, standards, and the other rules issued by governments and regulatory bodies.
Depending on the industry and jurisdiction, regulations vary significantly. Large organizations with a global footprint need to comply with pertinent laws and regulations in all the countries they operate in, and from.
Some industries, such as financial services, information technology (IT), and healthcare, face numerous and often complex regulations and compliance frameworks due to their impact on the economy, business, and health infrastructure respectively.
Additionally, many of these industries are also at significant risk of cyber breaches, due to the increasingly complex and evolving cyberattack surface.
Benefits of Ensuring Regulatory Compliance
- Avoiding Unnecessary Legal Issues: Reduces the risk of fines and legal actions.
- Increasing Efficiency and Safety in the Workplace: Promotes a safer and more efficient work environment.
- Fostering Healthy Competition: Ensures fair business practices and market integrity.
- Gaining Better Branding: Enhances company reputation and consumer trust.
- Reducing Risk and Increasing Profitability: Minimizes risk exposure and boosts overall profitability.
How can CX Financia help?
Our team at CX Financia is dedicated to improving organizational resilience and efficiency through an integrated approach to regulatory compliance.
We provide a full range of regulatory compliance services including:
- Retainer Agreement
- Structured Advisory Engagement
- Flexible Ad-hoc Agreement
- Assessment of practices, manuals, procedures, and controls
- FATCA & CRS Reporting & Assistance
- Advice on GDPR requirements
- Design and execution of compliance policies and procedures
Our experience spans many industries including Investment Firms, Wealth Management Companies, Forex, Asset Managers, and Electronic Money Institutions.
We can work with you to help you establish a transparent and resilient regulatory environment.