Regulated firms need someone who knows the rules, watches for changes and tells management plainly where the firm stands. We can be that function for you, or support the compliance officer you already have.
Investment firms, banks, e-money institutions, payment institutions, alternative investment fund managers and crypto-asset service providers. With an office in Nicosia, we also work with firms in Cyprus.
Compliance works every day to keep the firm inside the rules. Internal audit comes later and checks, independently, whether the controls, compliance included, actually work. A firm needs both, and the same person should not do both. We can take on either one, and when we audit a function we do not also run it.
Compliance is led by Panagiota Ch. Fitsorou, CICA, CCS, Head of Risk Management and Compliance Services.
They make sure the firm follows the laws and rules that apply to it, keep policies up to date, check that staff follow them, advise management on new rules and report problems to the board and, where required, to the supervisor.
In many cases, yes. Supervisors usually allow it under conditions, and the board stays responsible. We agree with you in writing what we take on and how we report.
Yes. We have an office in Nicosia, at Victory Tower, Kyriakou Matsi 18.
Tell us about your firm and your supervisor. We will propose how we can help.
Book a free consultation