Regulatory, Governance and Compliance continues to be complex business challenge that KPMG can help to address.
Regulatory, Governance and Compliance continues to be complex business challenge.
Governance, Regulatory and Compliance continues to be complex business challenge. As new laws and regulations are introduced, their requirements challenge boards to greater levels of transparency, objectivity and professionalism. Increased accountability and potential exposure to liability means directors need to ensure that corporate governance standards are adhered to and robust compliance management systems are in place.
KPMG can assist directors and management to identify the applicable laws and regulations to better understand the regulatory environment. Our approach combines an analysis of the legal framework together with an assessment of the systems and processes which can help to ensure compliance and sound corporate governance.
Our approach is to support our clients in meeting the Governance, Regulatory and Compliance challenge by offering the following services:
Our multidisciplinary teams have advised clients on how best to meet the corporate governance, regulatory and compliance challenge. Our professionals have in-depth knowledge of corporate governance developments both locally and internationally. We combine the process and system benchmarking knowledge and experience with organizational knowledge.
There is a strong business case for corporate governance and regulatory compliance. Sound corporate governance practices can protect directors from potential personal liability and protect the company from reputational harm.
There are financial penalties for non-compliance with certain laws and regulations. Robust regulatory and compliance structures can help to ensure companies are not subject to potential penalties.
The integrity of the financial instruments markets, and the protection of the customers’ and investors’ interests are a key focus areas for regulators who want to create a level playing field through all financial service providers. KPMG updates you on critical aspects of related last regulatory changes and helps you to turn them into business opportunities.
Following the last financial crisis and recurring financial scandals, there are now rules surrounding depository services and role and duties of those being the guarantor of the safekeeping of customers'assets. KPMG brings you insight from our business and industry experts and solutions.
Because the integrity of the banking markets starts with the integrity of its clients and the fight against money laundering, instutions shall remain alert at any time on the related regulatory requirements. KPMG informs you on the new and forthcoming legal and regulatory framework so that you are ready to adapt your organisation in this respect and demonstrate you know your clients and your people and so manage your compliance and reputational risk in this respect.
The G20 endorsed the new ‘Basel 3’ capital and liquidity requirements at their November 2010 Summit in Seoul. As a consequence, the Basel Committee on Banking Supervision (BCBS) has issued its two final documents “Basel III: A global regulatory framework for more resilient banks and banking systems” and “Basel III: International framework for liquidity risk management, standards and monitoring”.