Regulatory enforcement support
We provide expert guidance before, during or following regulatory enforcement actions, to address the issues and requirements identified. This can include support on initial engagement with the regulator, conducting a health check to identify additional issues, remediating any core control gaps, and supporting your team from board members to analysts through a regulatory review.
Remediation planning
We build effective remediation plans for communication to the regulator. These cover scenarios such as the remediation and uplift of certain controls, or the completion of a backlog of transaction monitoring alerts. Depending on the scenario, our plans capture the actions required, clear and justified timeframes, a risk-based prioritisation methodology, capacity planning, logistics, and process steps.
Remediation execution
FINTRAIL supports the execution of all types of remediation exercises. Our team has experience in managing large-scale remediation exercises and can take this burden off your hands - implementing project management, governance and oversight and reporting to senior stakeholders. FINTRAIL can also supply flexible resources to complete remedial tasks, such as addressing onboarding or transaction monitoring backlogs.