Regulatory Compliance
Overview
We provide end to end regulatory compliance consulting services to our clients in financial sector i.e. from benchmarking of current status of the client with the regulatory guidelines to plugging the identified gaps in the areas of governance, policy/procedures, modelling to automation of regulatory reports (IT System Implementation).
We have extensively worked in the regulatory compliance domain in the following areas.
- Basel II – Credit Risk, Market Risk & Operational Risk
- Basel II – Pillar II – ICAAP & Stress Testing
- Basel II – Pillar III – Disclosure Requirements
- Basel III – Liquidity Risk & Capital Structure Guidelines
- IFRS 9 Compliance
- Fundamental Review of Trading Book (FRTB)
- Other BIS requirements – Risk Data Guidelines (BCBS 239), IRRBB, etc.
We also provide consulting services to evaluate the 3rd party vendors regulatory products and help our clients in evaluating the regulatory systems. We have worked with all the leading vendors in the regulatory landscape and are well versed with their capabilities to support our clients in making the right decisions.
We also support the local Central Banks in risk compliance related activities such as drafting/customising regulatory guidelines, conducting risk audit of the banks in their jurisdiction, developing standard macroeconomic stress testing scenarios and in developing the risk models such as macroeconomic models, industry specific models and benchmark PD/LGD models based on collective pooling of data by the local banks. Read More – Central Bank Support
