Enterprise Risk Management (ERM) Framework Prepration of a Risk Management Framework
Compliance & AML Services
Risk Management
- Assistance on ERM Framework
- Risk Register and Mitigation Plan
- Periodic Reviews of Risk Register and Progress
- Discussion with the Audit & Risk Committee
- Risk Register in Compliance with State Audit Bureau
- Risk Reports to DFSA, ADGM and UAE Central Bank
- Credit Risk, Exposure Risk, Market Risk & Operational Risk
- Liquidity Risk & Interest Risk Management
- Anti-money laundering UAE
- Compliance consulting services
- Regulatory compliance UAE
- AML risk assessment
- Compliance audit Dubai
- AML program implementation
- Capital Adequacy & Capital Planning
- Regulatory Compliance and Basel Reports
- Audit & Reviews of Credit Files & ECL Model
- Stress Testing for the Liquidity & Regulatory Compliances
- Assistance to ALCO, Product & Investment Committee
- Currency Risk, Investment Risk & Identification of Open Risk
- Support on Business Continuity Planning
- Risk Register and follow up for the Mitigation Plan
- Financial crime prevention
- Regulatory reporting UAE
- AML training and education
Enterprise Risk Management (ERM) Framework
ERM Framework
Our Risk Consulting Process follows as standard process from assessing the risk maturity to redesigning the risk operating model.
Function Risk Assessment
We Perform Risk Assessment on specific Function and related Process to identify gaps and minimize risks and optimize Control Environment. We recommend enhancement to align to best practice, Strategic objectives & regulations.
Risk Control Self-Assessment (RCSA) & Register
Support in development of Risk Control Self-Assessment methodology and risk register, risk policies, frameworks and implementation of the mitigation plan and periodic follow up procedure.
Regulatory Support & Stress Testing
We support in ICAAP and risk reporting to the regulators like DIFC/ADGM and others. We also support the management team in stress testing and impact analysis to take well informed business decision and formulate short term and long-term strategies.
Risk Management Support
We support your in-house Risk Assessments, Monitoring and Reporting. We Clarify concepts, help you assess risks, design controls and improve governance reports.
Outsourcing & Co-Sourcing Risk Management
We Provide full or part-time onsite and offsite CRO and risk management service that is required as per regulatory requirement and each organization's needs.
Regulatory Compliance
Advice on UAE stock Exchange, DIFC, ADGM and central banks.
- Complance Process Assessment, Design Implementation
- Regulatory Compliance Controls Testing and Remediation
- Regulatory Compliance Monitoring and Reporting
- Litgation Advisory Support
- Compliance Audit
- Basel and Solvency Compliance
AML and CFT Compliance
- AML / CFT Program Assessment and Implementation
- AML / CFT Independent Review (Compliance Audit)
- Development and Updating AML / CFT Manual
- Know your Customer (KYC) Compliance
- Outsourced AMLRO Activities
Regulatory
- Compliance for Local and Internal Policies & Regulation
- Business Set up Related Advisory
- Labour Law and Ministry Compliance
- DFSA, DIFC and DFM regulatory Compliance
- Free Zone related Compliances
- Board & Committee’s Presentation for the Compliance
- BOPs reports to the Ministry of Statistics
- Annual renewals support
- Automation of regulatory reports HTML, XBRL
AML
- Assistance on AML , Regulatory Compliance and System
- KYC and Account Opening Processes, Swift System
- AML & FATF Compliance Audit
- AML Policies and Procedures
- AML Product Solutions and Support
- Compliance Functions and Retainer Services