PROFESSIONAL SERVICES

THE INF RISK MANAGEMENT DIFFERENCE

The Financial Services Industry are faced with exceptional challenges due to the volatile dynamics of different markets and stringent regulatory requirements imposed on Financial Services Providers (FSP’s). Our clients are independent in the fact that they work for themselves and act under their own FSCA issued FSP licenses. Financial advisors represent or are mandated to act for an Authorised Financial Services Provider through which they provide advice and/or intermediary services to their customers. Our clients range from the sole proprietor to large national corporate brokerages. Effective Risk and Compliance Management requires independent appointment of experts in the field to continuously monitor and influence your business’s risk profile. We provide Simple, Supportive, Risk & Compliance Management Solutions which are flexible enough to suit clients of all sizes.

Risk Management is the most important thing to be well understood
OUR SUITE OF SERVICES
INDEPENDENT LEGAL, RISK AND COMPLIANCE EXPERTS

We offer expert legal, risk and compliance advisory services to the financial services industry to ensure that compliance with laws, rules, codes and standards are met 

CONTRACT DRAFTING SPECIALISTS

We are expert contract draftsmen, specializing in the drafting of commercial agreements. We deliver meticulously crafted agreements that protects your interests, ensures contractual efficiency and mitigates risk

FICA AND ANTI-MONEY LAUNDERING COMPLIANCE

We assist Accountable Institutions (AI’s) in implementing and maintaining robust Anti-Money Laundering (AML) programs to fit the current regulatory climate

REGULATORY LEADERSHIP

We provide you with professional guidance and advice to successfully navigate through a constant moving regulatory landscape.

Focus Areas:
Financial Advisory and Intermediary services Act (FAIS); Financial Intelligence Centre Act (FICA); Protection of Personal Information Act (POPI); Financial Markets Act; Short Term and Long-Term Insurance Acts, Collective Investment Schemes Act; Pension Funds Act; Treating Customers Fairly; Retail Distribution Review and all legislation subordinated hereto

RISK-BASED COMPLIANCE MONITORING

We conduct regular on and offsite risk assessments of your business processes and systems to determine your particular risk and compliance universe. The frequency of the onsite visits depends on the size, complexity and risk of the FSP as set out in BN 119 of 2017. Our approach is principle and risk based, demonstrating a culture of compliance within your FSP and ensuring that compliance is integrated within your daily operations

CORPORATE GOVERNANCE AND CONTROLS

We will assess your current processes, measure them against best practice, and ensure they meet your business needs. We will also ensure that your processes not only comply with all industry regulations, requirements and best practices but also that your corporate governance framework is robust and underpinned by integrated, resilient processes

DIAGNOSTIC REPORTING

We will provide you with periodic feedback reports. This process involves a Risk-Based Practice Assessment which focuses on the identification of the audience, defining the reporting scope, explaining the methodologies used to analyze the information presented and then presenting the conclusions drawn

LICENSING AND REGISTRATION SERVICES

The Financial Sector Conduct Authority (FSCA) and Financial Advisory and Intermediary Services Act (FAIS) requires that every Financial Services Provider (FSP) be registered with the FSCA before they are allowed to conduct business. We have assisted many applicants successfully with this process and will assist you throughout the entire application process

PROFILE CHANGES TO AN EXISTING FSP LICENSE

We assist FSP’s with any profile changes at the FSCA which changes include any changes to the trading name of the FSP, adding and or removing of Key Individuals and/or Representatives. We also assist with the completing of all required documentation as well as any subsequent related queries received from the Regulator

RISK MANAGEMENT PLANS

We assist FSP’s to implement and maintain proper risk management processes and controls as set out in Part IX of the FAIS General Code of Conduct. Risk management involves the identification, assessment, and prioritization of the risks and the application of the appropriate resources to minimize, monitor and control the probability and/or impact of the negative occurrences

COMPLIANCE TRAINING SOLUTIONS

We design and deliver compliance training material to empower clients to take ownership of their compliance responsibilities, providing them with the necessary tools and expertise to foster a culture of compliance within their financial services businesses

REGULAR INDUSTRY & LEGISLATION UPDATES

We will provide consistent communications regarding any regulatory amendments and keep you informed of the latest industry and compliance developments ensuring that you have accurate, useful information in your decision-making processes