Regulatory Reporting Assurance

As part of our cross service line proposition on Regulatory Reporting Assurance, our Assurance specialist team provide a range of support and assurance services working with business owners, risk and control functions, Internal Audit, Boards and Audit Committees, to increase confidence in the quality of regulatory information and provide benchmarking of regulatory reporting frameworks.

Our core Regulatory Reporting Assurance services, which can be tailored according to individual requirements, include:

Gap Analysis / Health Check

• Impact assessments of new regulatory calculations and regulatory rules interpretations
• Review of governance, processes and controls against regulatory expectations and industry best practice

Review & Recommend

• Review of compliance with capital, leverage, large exposures and other core Pillar 1 requirements, including regulatory reporting and disclosures

Reasonable Assurance

• Reasonable Assurance over capital, liquidity and other regulatory ratios, regulatory returns and Pillar 3 disclosures
• Section 166 Reasonable Assurance

Our modular approach to assurance over individual process components and/or outputs is summarised below, and provides a flexible approach to specific assurance engagements, including wider programs of assurance activities on a risk-based/rotational basis as part of a multi-year program.