Compliance Team

The role of the compliance team is to provide reassurance to the board and management that the business is operating in a compliant manner through regular and ad hoc reporting and other Management Information. The team provide advice and assistance to the Board, management and staff to help them meet their compliance responsibilities. They help raise awareness of the laws, regulations and industry standards which apply to the business. Identify good and bad practice providing feedback on failures in controls, recommendations for improvement and, where appropriate, remedial action. Provide analysis and early warning of regulatory change which may impact the business. Implement company policies covering anti-money laundering, counter terrorist financing and anti-bribery and corruption.

Oversight Team

The role of the oversight team is to provide reassurance to the board and management that the outsourced functions of the business are operating in a compliant manner through regular and ad hoc reporting and other Management Information.

They provide advice and assistance to internal and external stakeholders to help them meet their compliance responsibilities. They help raise awareness of the laws, regulations and industry standards which apply to the business. Identify good and bad practice providing feedback on failures in controls, recommendations for improvement and, where appropriate, remedial action. The team ensures that they remain up to date with regulatory change and ensure it is adopted, as appropriate, by any outsourced functions.

Risk Team

The role of the risk team is to help the business to identify and monitor its risks. The team assist the business in finding ways to minimise, monitor and control the probability and/or impact of threats materialising. They provide reassurance to the board and management on the suitability and effectiveness of its controls through regular and ad hoc reporting and other Management Information.

The team helps to raise awareness of the benefits of an effective risk management framework throughout the business and educate employees on the company`s risk management framework. They identify good and bad practice providing feedback on failures in controls, recommendations for improvement and, where appropriate, remedial action. They also oversee the day to day functions of risk management and provide appropriate information to the Risk Committee, senior management and the Board.