Compliance Policies and Procedures
Waystone assists companies to evaluate the effectiveness and the compliance status of their operations by taking a risk-based review.
Our approach involves a detailed analysis of existing policies and procedures, along with a careful evaluation of risk mitigation processes and systems currently in place. Through this in-depth review, we ensure that your organisation is not only meeting regulatory requirements but also aligning its operations with best practices.
Compliance Review Services
Waystone’s compliance review service capabilities include identifying the following areas:
- potential non-compliance with legislation and regulation
- policies and procedures – to ensure they are in accordance with market best practice
- identifying operational weakness in existing practices
- identifying gaps in any existing policies and procedures.
We provide support in drafting all relevant compliance policies and procedures for regulated financial institutions, ensuring compliance with the Monetary Authority of Singapore (“MAS”) and the Securities and Futures Commission (“SFC”) requirements. Our services help financial institutions meet regulatory standards and maintain operational integrity.
Our team of compliance specialist assists in drafting the following policies:
- compliance manuals
- compliance plans
- risk management framework
- operational manuals
- AML policies and procedures
- enterprise-wide risk assessment framework
- employee handbook and code of ethics
- business continuity management policies and procedures
- business continuity policies
- technology and cyber security policy
- ESG related policy
- Individual Accountability and Conduct Policy / Manager-in-charge policies and procedures
- third party due diligence policy.
To learn more about our compliance review services in Singapore, please reach out to our APAC Compliance Solutions team or contact us.