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FCC Audit and Assurance Programs: Ensuring Compliance with Regulatory Requirements
In today’s complex financial landscape, ensuring compliance with regulatory requirements is crucial for institutions to avoid fines, penalties, and reputational damage. To achieve this, Capgemini offers a comprehensive range of FCC audit and assurance programs designed to help clients implement effective control frameworks and mitigate risks.
Compliance Program Design, Reviewing, and Testing
Our experts work closely with clients to design, review, and test their compliance programs, ensuring they meet industry standards and regulatory expectations. We identify gaps and weaknesses, provide recommendations for improvement, and assist in implementing remediation plans.
Risk and Gap Assessments
Capgemini’s risk and gap assessments help clients identify potential vulnerabilities in their FCC control frameworks. Our experts analyze controls, processes, and systems to determine whether they are effective in mitigating risks.
Independent Monitorships and FCA Skilled Person Reviews
We serve as a trusted partner to clients undergoing regulatory monitorships or self-appointment on a proactive basis. Our experts provide independent oversight, ensuring that clients are compliant with regulatory requirements and industry best practices.
Remediations/Lookbacks
In the event of non-compliance, our remediation services help clients uplift their FCC control frameworks to bring them into compliance with global regulations. We conduct lookbacks to identify areas for improvement and develop targeted remediation plans.
Compliance Analytics/Technology Assessments
Our experts assess clients’ compliance technology, identifying opportunities for optimization and providing recommendations for improving data quality, reducing false positives, and enhancing risk management.
Compliance Technology Integration
We implement and test technology solutions to support compliance business processes, ensuring seamless integration with existing systems and controls.
Expert Insights
Capgemini’s FCC team consists of industry experts with extensive experience in anti-money laundering, sanctions screening, and financial crime compliance. Our thought leaders provide expert insights on the latest FCC trends, regulatory developments, and best practices.
Meet Our Experts
- Manish: EVP and Global Head for Risk and Financial Crime Compliance
- Samar: Global Head of Capgemini’s FCC Advisory Business
- Michael: Americas FCC Advisory Business Lead
- Brett: EMEA FCC Advisory Business Lead
- Supriyo: Practice Lead for Financial Crime Compliance
- Jeff: former Senior Fed Official, runs Capgemini #RegDesk
Connect with Us
Stay up-to-date with the latest industry insights and connect with our experts on LinkedIn. Join the conversation and learn how Capgemini’s FCC audit and assurance programs can help your organization ensure compliance with regulatory requirements and mitigate risks.