Compliance has taken a major role in the day to day operations of financial intermediaries and the operational budget spent on compliance is continuously increasing as:
Governments and legislators continue to increase the legislative burden;
Reputational risks are increasing due to high speed in circulation of information;
Business risk has to be constantly evaluated with regards to an evolutive environment.
In order for financial intermediaries to cap the costs for compliance you can see the following trends:
Juniorization of compliance staff in order to minimize the fixed back office costs;
Deficit of depth and diversity of education, professional and life experience of compliance staff, making them less capable to appreciate precisely the business risk;
Lack of adaptation of compliance practice to the specific business features of each financial intermediary.
A smart option for financial intermediaries who want to achieve a high level of compliance and not spend simultaneously a large part of their operational budget on compliance: OUTSOURCING !
That is where LEXIANCE can be of assistance and add value to its clients business, making our clients:
Compliant towards laws and regulations;
Essentially in full control of all legal, operational and reputational risks they face;
Organized with a solid comprehensive compliance architecture to ensure a sustainable development of their business.
LEGAL & COMPLIANCE
EXTERNALIZED FUNCTIONS
PERMANENT AML COMPLIANCE MANAGER
TEMPORARY AML COMPLIANCE MANAGER
PERMANENT SUPPORT TO COMPLIANCE MANAGEMENT
TEMPORARY SUPPORT TO COMPLIANCE MANAGEMENT
ADVISORY
AML ADVISORY
FINANCIAL LEGAL ADVISORY
REGULATORY ADVISORY
LEFIN & LSFIN ADVISORY
AML CORPORATE GOVERNANCE
ADMINISTRATIVE LITIGATION – LEGAL ADVISORY & SUPPORT
