Cross-Border Financial Services

Cross-border business activities are an important pillar of the financial industry ever since, bearing considerable legal- and reputational risks. Hence, financial service providers with international client bases are confronted with a multitude of country-specific regulations.

Cross-border financial services are subject to extensive controls in an increasingly tightened regulatory environment. Strict compliance with respective local provisions is a central topic. This is where KPMG can support you.

• Standard Banking Manuals
  
• Product Distribution Manuals
• Independent Asset Manager (IAM) Manuals
• Investment Banking Manuals
• Crypto Services Manuals
  
• Trust Services & Wealth Planning Manuals
• Tax Manuals
• Succession Manuals
   

Cross-Border Compliance & Advisory Services

• Cross-border health check & gap analysis (in comparison to the regulatory minimum standards & best practices)
  
• Support with setting up a cross-border control framework covering:
  
  • Cross-border governance framework (organizational setup & policies)
    
  • Risk analysis & definition of target operating model
    
  • Design of processes (e.g. training & travel concepts, etc.) and monitoring controls (ICS)
    
  • Collaboration with third parties (e.g. Finders, IAMs, etc.)

For a more detailed overview, please find our Service Portfolio here:

Our dedicated cross-border competence center with a proven track record supports you in all cross-border matters relying on:

• an overarching global network (covering over 150 jurisdictions)
• profound market knowledge and experience based on intense interactions and strong relationships with market participants as well as the local regulators
• a full service offering in all aspects of cross-border compliance and client suitability
• fully standardized cross-border manuals that make the internal handling / processing easy and lowering implementation costs
• our manuals also being available as a digital cross-border solution (can be used as a web-based solution or fully integrated into your core banking system via API)

We will gladly remain at your disposal to answer any further questions you may have.