Compliance Reviews

Compliance reviews and compliance projects

 

​Given our expert knowledge of the local regulatory landscape, we are able to perform compliance-related ad-hoc reviews and/or special projects.

 

These can be performed as part of our ongoing Compliance Support service or separately.

 

Previous project work we have completed for clients includes: 

 

  • General health check to assess the effectiveness of compliance and AML systems and controls
  • Focused review of a firm's systems, controls and compliance within specific departments or products (e.g. a Trading Desk, a private banking unit, a sales team, etc)
  • Review of a firm's compliance culture
  • Design and assistance with the implementation of a risk based compliance monitoring programme (CMP)
  • Independent review of client files to determine if client onboarding / KYC checks have been conducted in compliance with DFSA requirements (can include reviews of client CDD documents, risk rating methodology, ongoing due diligence and monitoring mechanisms)
  • Provision of audit review work and testing of compliance with the DFSA modules, e.g. COB, AML, PIB and CIR modules
  • Testing the appropriateness and effectiveness of company policies, procedures, systems and controls including corporate governance and risk management frameworks
  • Review of documentation before submission to the DFSA for regulatory revisions and best practices

Other Services

Setting up in the DIFC

HOLT consultancy provides step by step guidance and assistance to applicants wanting to set up in the DIFC including:   Project management of a licence application to perform…read more

Licence Variations

HOLT consultancy can help existing DFSA licence holders with licence upgrades, variations, enhancements and endorsements including:   Varying the scope of licence Upgrading an…read more

Compliance Support

HOLT consultancy provides Compliance Officers and MLROs on an outsourced basis or for temporary cover when there are unexpected staff absences.   Where the DFSA has…read more

Compliance Advice

Compliance Advice   Compliance is an independent control function that provides advice, issues policies, conducts training for the firm, and monitors a firm's activities.…read more

Compliance Remediation

HOLT consultancy can help you to:   Prepare for a DFSA Regulatory Risk Assessment Implement corrective or disciplinary action that may be required following a regulatory risk…read more

Training

We deliver training to firms in relation to compliance, anti-money laundering and countering terrorist financing.   Training sessions are tailored to your business and are designed…read more

Recruitment

If you are looking to expand your compliance function, find a replacement Compliance Officer/MLRO or if you want to find a Compliance Officer with specific experience or skill set,…read more