Advisory

Our highly experienced Advisory team has the depth of industry knowledge and technical resources to respond rapidly to your regulatory, internal audit and risk management needs.

Our tailored solutions

Internal Audit & Control Assurance

We conduct independent audits to assess regulatory compliance and the operating effectiveness of your policies and procedures.

• Outsourced internal audit - A fully managed internal audit function that ensures compliance, mitigates risk, and lets your leaders focus on strategy.
• Co-sourced internal audit - Strengthen your existing internal audit function with specialist, technical expertise without the cost of full-time resources.
• Internal audit plan– Development of a risk-based internal audit plan tailored to your priorities, ensuring focused and effective risk coverage.
• External quality assessments - Independent assessments of your internal audit function to ensure it aligns with best practices, IIA and regulatory standards, and your business objectives.
• SOX compliance – An independent evaluation by testing the design and effectiveness of your internal controls to ensure compliance and enhance financial reporting integrity.

Regulatory Gap Analysis

Our regulatory compliance experts review your policies and procedures against the applicable Cayman Islands laws, regulations, rules and statements of guidance issued by CIMA to identify gaps or deficiencies, including the following areas:

• AML/CFT/CPF and Sanctions
• Cybersecurity
• Corporate Governance
• Internal Controls
• Business Continuity Management
• Outsourcing
• Succession Planning
• Investment Activities

Attestation Services

• SOC reporting – Independent assurance on your controls and processes as a third-party service provider to ensure compliance and build trust with your stakeholders.

Advisory Services & Our Team

Governance & Risk Management

• Enterprise risk management – Development of a risk management framework to identify, assess, manage and monitor risk across your organisation.
• Governance & internal controls - Identifying and implementing corporate governance and internal control frameworks and establishing appropriate risk monitoring practices to ensure operational effectiveness.

Pre-inspection

• Mock inspections – We conduct AML readiness assessments, mock inspections and interviews, and assist you in navigating AML and Prudential CIMA inspections.

Post inspection

• Remediation & implementation – Assisting you with implementing the requirements issued by CIMA or performing remediation testing to ensure compliance.

Training

• Bespoke training & advisory - Delivery of AML and corporate governance training.

Subject matter expert resourcing

• Consulting – Provision of expert consults to help you navigate complex regulation, develop and implement policies, and advise on industry best practices.
• Secondments - Compliment your existing AML operations team on an ad hoc basis with dedicated KYC / CDD remediation resource.