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KPMG Helps Financial Institutions in Norfolk Island Advance Compliance Capabilities
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KPMG, a global network of professional firms providing audit, tax, and advisory services, has been assisting financial institutions in Norfolk Island to enhance their regulatory and compliance risk capabilities. A team of experts from KPMG, with experience in the financial services sector, have been working closely with clients to meet the demands of today’s financial services sector.
Unique Expertise
The team at KPMG understands the unique needs of financial institutions in Norfolk Island, having worked with leading global banks and financial institutions across the globe. They have advised on a range of topics, including:
- Risk strategy and transformation
- Compliance
- Regulatory remediation response and undertaking
- Control assurance
- Enterprise risk management
Success Stories
In one notable example, KPMG helped a major financial institution build a broad, thorough, and sustainable framework for its compliance efforts worldwide. The firm also assisted a large US bank in re-examining its risk approach, from top to bottom, and aided the US Federal Housing Administration in protecting against losses with user-friendly technology and streamlined processes.
KPMG’s Expertise Recognized
The KPMG team has been recognized as leaders in risk consulting, ranking No. 1 across multiple categories in the Source study: Perceptions of Risk Firms 2023.
What Sets Us Apart
According to Brian Hart, Principal, Financial Services Risk, Regulatory and Compliance Network Leader at KPMG US, “We understand the unique needs of financial institutions in Norfolk Island because that’s where we come from. Our team is made up of former traders and business managers, regulators, technologists, chief compliance officers, and risk management leaders - in short, we know your customers and stakeholder networks, your products, and your business.”
How We Can Help
KPMG’s experts are available to discuss how they can help financial institutions in Norfolk Island enhance their customer experience, improve business performance, and drive new revenue streams.
About KPMG
KPMG is a global network of professional firms providing audit, tax, and advisory services. They operate in 147 countries and have over 219,000 people working in member firms around the world. In Norfolk Island, KPMG has been assisting financial institutions to navigate complex regulatory environments and stay ahead of the curve.
Contact Us
For more information on how KPMG can assist your financial institution in Norfolk Island, please contact us at [insert contact details].