Regulatory Compliance Consulting Services and Solutions

Why is Regulatory Compliance Important?

Regulatory compliance is increasingly complex, especially for banks and financial institutions. Firms must comply with applicable regulations to maintain their regulatory approval and reputation. Additionally, compliance is crucial for mitigating the risks and costs of non-compliance, both for the firms and the individuals involved.

Firms are facing more intensive supervision and scrutiny from regulators, with a more stringent focus on personal accountability, culture and conduct. This requires much more than just complying with the letter of the regulations. The challenge of achieving regulatory compliance is exacerbated by:

• The complex landscape of evolving regulatory expectations and obligations, and continuing uncertainty following Brexit and the pandemic.
• Budget and resource constraints and the need to access technical and operational expertise and resources more efficiently.

Xcina takes an individual approach to regulatory compliance consulting by understanding the clients’ context, needs, risks and budget in order to design a proportionate compliance solution best suited to their precise requirements.