Regulatory compliance management continuously reviews applicable regulation and sets up the internal framework to ensure adherence to local regulation and international best practice. This includes but is not limited to:
- Functioning as Appointed, Vetted Compliance Officer in Terms of Regulation
- Assist / Advise Compliance Department as an Independent External Consultant (Adhoc, Scheduled, Temporary Support)
- The Implementation of the Compliance Framework
- Carrying out know your customer (KYC) and customer due diligence checks, as well as suspicious transaction monitoring and reporting on internal breaches etc.
- The Review, streamlining and preparation of policies, procedures and internal controls in line with best practice and regulatory requirements
- Preparing Compliance Reviews & Reports to Monitor Alignment with Regulation and Company Policies and Procedures
- Monitoring, analyzing and sharing regulatory updates
- Non Bank Financial Industry Regulatory Authority (NBFIRA) and other regulatory Licensing
- Collective Investment Undertaking (CIU) licensing with NBFIRA
- Preparation and review of client agreements
- Monitoring of adherence to client agreements and PFR2 for NBFIRA regulated entities