Financial Services
&
Designated Businesses

Regulatory Compliance
and Financial Crime

Helping regulated entities and DNFBPS navigate the complex regulatory environments and enhance operational resilience:

• Financial Services Rule Book procedures and controls: development, implementation, and testing

• AML/CFT Code procedures and controls: development, implementation, and testing

• 2LOD Compliance Monitoring - audit and assurance

• Refresher training, tailored to senior staff and operational teams

• Assistance with both ARR and AML statistical return reporting

• Mentoring and training of first-time HOCs and in-house compliance teams

• Business, Technology, and Customer Risk Assessment framework review

• Enterprise Risk Assessment framework review

• Whistleblower process review, training, and independent investigation*
  (*subject to conflict of interest check)

Data Protection
and Information Security

Assisting businesses with GDPR compliance:

• Procedures, and controls: development, implementation, and testing

• Data mapping (compilation of the Data Asset Inventory)

• 2LOD Compliance Monitoring - audit and assurance

• Refresher training, tailored to senior staff and operational teams

• Data Breach management and response

Please note that Nexus does not provide Data Protection Officer services

Regulatory visits, remediation,
and Enforcement

Whether it is the post-license visit, regular visit, or thematic inspection - it is imperative that a regulated entity can demonstrate its ongoing compliance with all of its regulatory requirements.

• Pre-visit preparation including mock inspections

• Post-visit response

• Visit Report - remediation project

• Business turn around and enforcement action response

• Regulatory liaison and ongoing progress reporting

Interim, fractional, or consultancy appointments

Providing interim, locum cover, and appointments in exceptional circumstances for the following positions:

• Executive Director

• Head of Compliance

• MLRO / DMLRO

For those businesses that do not require a full-time role holder, a fractional appointment or retained compliance consultancy arrangement may be more suitable - please contact us for more details.

Corporate Governance

Providing your business with strategic oversight and demonstrate effective governance:

• Provision of Independent Non-Executive Director*

• Audit, Risk, and Compliance Committee membership

*Appointment subject to regulatory approval and conflict of interest checks with other client appointments.

Do you require Financial Services consulting?

Please contact us for a no obligation discussion to see whether we can assist.