Support for regulatory on-site inspection

On-site regulator inspections are increasing in frequency

In recent years, investment fund managers and specialized professionals of the finance sector (PFS) have seen an exponential increase in the number of on-site inspections conducted by the Grand Duchy of Luxembourg’s regulatory authorities. As non-compliance could result in penalties, fines and reputational risk, there is increasing pressure on market players to stay abreast of regulatory developments and market practices.

Deloitte’s bespoke support for regulatory on-site inspections can keep you compliant

We can help you perform a high-level review of your current organizational and operational set up, internal governance, and information technology based on Luxembourg’s regulatory requirements and best market practices. With our extensive regulatory expertise and market intelligence, we’ll help you determine potential gaps and areas where you can improve.

Respond to regulatory gaps with a remediation plan

Depending on the results of your regulatory gap analysis, we can offer a remediation plan that will help you:

• Establish a risk-based, on-site due diligence framework;
• Design a risk-based compliance monitoring plan; and/or
• Update policies and procedures.
   

Want even more confidence when you face an on-site inspection?
 

Deloitte can help you be ready. Before the regulator’s visit, we will help you prepare your company presentation and organize workshops with the conducting officer— so you can be equipped for discussions with the regulator.