Regulatory Compliance
Governance, Risk management and Compliance (“GRC”) is a key concept which aims to reliably achieve a Company’s objectives, addresses any uncertainty and acts with integrity.
An integrated GRC supports and improve Company’s operational activities. We act as independent consultant, ensuring all risk management procedures are conformed to, and performing continuous assessments to ensure policies and procedures are up to date.
How We Simplify GRC for You
We help firms establish robust GRC frameworks, ensuring alignment with MAS guidelines on risk management, internal controls, and corporate governance
Governance
- We strengthen your leadership framework to meet MAS expectations while driving business objectives
- Setting up and monitoring of Compliance Policies, Strategies
- Recommendation of best practice to enforce good Corporate Culture
Risk Management
- Proactive risk strategies tailored to Singapore’s financial landscape
- Protect fund structures, licensing status & tax incentives (S13O/S13U)
- Unified frameworks covering AML, outsourcing risks & investor protection
Compliance
- Strategic Compliance Plan Design tailored according to your needs (MAS, CIMA or applicable jurisdiction)
- Customised Compliance Monitoring Programme to ensure continuous oversight of the Company’s risk management
- MAS Monitoring & Testing on effectiveness of controls, and recommendation for improvements
- Ongoing checks for AML, suitability assessments & disclosure rules
- Family office compliance and fund tax incentive maintenance
Scope of Service
01
Anti-money Laundering (“AML”)
- AML policy design, implementation and monitor, ensuring the latest regulatory trends and industry best practices are implemented and enforced
- Due diligence assessment – risk based approach, assessment of your customers and third parties before onboarding
02
Business Continuity Management
- Business impact analysis
- Annual testing to ensure effectiveness of business continuity plans
03
Outsourcing assessment
- Implementation of outsourcing policy and checklist
- Initial and periodic assessment of material outsourcing
04
Enterprise-Wide Risk assessment
- Working closely with stakeholders to identify risk, implement risk treatments, controls and/or mitigation strategies to reduce inherent risk and keeping residual risk to its minimum
05
MAS Regulatory Compliance
- Implementation – Establishment of strategic compliance plans and programme
- Ongoing support – Monitoring and testing of compliance programme
- Internal audit – Agreed upon procedures to ensure compliance policies and procedures implemented are updated, current and effective
06
Technology Risk Management
- Establish and oversee technology risk framework aligned with MAS TRM guidelines
- Coordinate cybersecurity testing, data protection, and third-party technology risk assessments
- Manage technology incident response and regular risk control self-assessments
Streamline your fund administration, focus on investing, not the back office.
Contact us
Join the ranks of successful clients who trust KAI Global Consulting for expert advice by arranging your personalized strategy session today.