Your compliance program must encompass more than just a policies and procedures manual. Risk assessment, compliance testing and annual and periodic reviews must be built into your advisory firm’s compliance DNA. We will undertake the steps necessary to build a compliance program that is customized to your firm, satisfies your regulatory obligations and reflects industry best practices.
Our Compliance Program Development service includes:
- Identification of supervisory personnel
- Creating an inventory of compliance obligations
- Determining covered personnel
- Identifying conflicts of interest and areas of compliance risk
- Establishing compliance policies for all required areas
- Developing compliance procedures to implement policies
- Creating a matrix that maps conflicts and compliance risks to policies and procedures
- Designing a testing plan to determine the effectiveness of policies and procedures