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KPMG Helps Financial Institutions in Eritrea Stay Ahead of Regulatory Compliance
As the financial services sector continues to evolve, financial institutions in Eritrea are under increasing pressure to ensure they meet the demands of regulators and maintain stakeholder trust. In this challenging environment, compliance and regulatory requirements have become more complex and demanding.
The Importance of Compliance
To address these challenges, KPMG is helping financial institutions in Eritrea develop a robust framework for compliance and risk management. With expertise drawn from former transactors and business managers, regulators, technologists, chief compliance officers, and risk management leaders, KPMG’s team understands the unique needs of the sector.
“We know that our clients are facing significant challenges in terms of regulatory scrutiny, cyber threats, and ESG sustainability concerns,” said Brian Hart, Principal at KPMG US. “Our team is dedicated to helping financial institutions in Eritrea build trust among consumers, investors, and other stakeholders by providing expert guidance on compliance and risk management.”
Services Offered
KPMG’s services for financial institutions in Eritrea include:
- Regulatory remediation response and undertaking
- Control assurance
- Risk strategy and transformation
- Enterprise and operational risk management
The firm also offers specialized expertise in areas such as:
- Third-party risk management
- Fraud risk management
- Electronic trading solutions
Staying Ahead of the Curve
In addition to its technical expertise, KPMG is committed to staying ahead of the curve on regulatory changes and emerging trends. “We are constantly monitoring regulatory developments and assessing their impact on our clients,” said Paul Fagone, Principal at KPMG US. “By providing timely and effective guidance, we help financial institutions in Eritrea stay compliant with changing regulations and maintain a competitive edge.”
Recognition
KPMG’s reputation for excellence has been recognized by leading industry publications. The firm was ranked No. 1 across multiple risk advisory categories in the Source study: Perceptions of Risk Firms 2023.
Contact Us
To learn more about KPMG’s services for financial institutions in Eritrea, please contact:
- Brian Hart, Principal, Financial Services Risk, Regulatory and Compliance Network Leader, KPMG US
- Paul Fagone, Principal, Advisory, FS Regulatory & Compliance Risk, KPMG US
- Todd Semanco, Partner, Advisory, FS Regulatory & Compliance Risk, KPMG US
- Michael Sullivan, Principal, Advisory, FS Regulatory & Compliance Risk, KPMG US
For more information on how KPMG can help your financial institution in Eritrea stay ahead of regulatory compliance, please visit our website at [insert website URL].