Non financial institutions

Regulatory compliance and reporting for non financial institutions

Regulatory Compliance

Basel II, Sarbanes Oxley, IAS39/IFRS 7 and hedge accounting standards increase pressure on non financial institutions to address risk and communicate their approach transparently. Other regulations serve to remove barriers and facilitate free movement of funds in order to optimise surplus liquidity (– such as SEPA, designed to facilitate the free movement of cash within the European Union). Yet barriers remain, with organisations having to contend with highly regulated emerging markets restricting funding choices. Increased regulatory reporting and increased demand for better analytical capability remain key trends and drivers to which Chief Financial Officers and Treasurers need to respond.

Risk Reporting

Stakeholders, including investors and regulators, are calling for greater disclosures with a view to assessing whether the management of an enterprise know the risks as a result of the strategies and business model they have adopted and that these risks are well managed. Increasingly this requires that the members of the Board of Directors and C-Level management make more transparent, fuller disclosures and enhance their communication with regards to risk related matters. Risk and Finance functions must be capable of embedding regular reporting trends into their processes, and determining materiality and probability.

Reply can help its clients to take the lead in radically refocusing risk, performance measurement, regulatory and other financial reporting. Reply does this by designing reports that provide relevant insights into the active management of risk.

Reply offers a range of regulatory compliance and reporting services. These focus on:

  • Supporting the development and interpretation of new regulatory requirements;
  • Performing feasibility studies to assess the impact of new regulations on your current capabilities, and identify those areas where change is required;
  • Managing the implementation of changes required by new regulatory and reporting approaches;
  • Re-designing and optimising processes and data flows in risk management, treasury and finance functions;
  • Supporting change management programmes with training and educational support;
  • Performing independent quality assurance and health check reviews;
  • Validating existing reports (and reporting infrastructure) against operational and regulatory requirements.

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