Compliance Policy & Procedure Solutions in Singapore and Hong Kong

We work with businesses to evaluate the effectiveness and the compliance status of their operations by taking a risk-based approach.

Compliance Review Services

Waystone’s compliance review services cover the following areas:

• potential non-compliance with legislation and regulation
• ensuring policies and procedures are in accordance with market best practice
• identifying operational weakness in existing practices
• identifying gaps in any existing policies and procedures.

We provide clients with 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 organisations not only meet regulatory requirements but also align their operations with best practices.

Compliance Solutions to meet MAS and SFC requirements

We work with clients to develop bespoke and comprehensive compliance policies that outline clear guidelines and standards, ensuring that every part of the organisation operates within the regulatory parameters set by the Monetary Authority of Singapore (“MAS”) and the Securities and Futures Commission (“SFC”).

Our approach ensures compliance while fostering a culture of adherence through ongoing monitoring and updates. Failure to comply with policy and procedural requirements in Singapore or Hong Kong can lead to significant fines and penalties.

Waystone’s Policy and Procedure Management Services

We provide support with drafting all relevant compliance policies and procedures for regulated financial institutions in Singapore and Hong Kong. Our APAC Compliance Solutions team can assist you with creating, developing and improving the following:

• compliance manuals
• compliance plans
• enterprise-wide risk management frameworks
• corporate social governance policies and parameters
• operational manuals
• AML policies and procedures
• compliance programs
• employee handbook and code of ethics
• business continuity management policies and procedures
• internal control documents
• technology and cyber security policy
• ESG-related policy
• individual accountability and conduct policy/manager-in-charge policies and procedures
• third-party due diligence policy.

Why choose Waystone

Waystone Compliance Solutions is a global regulatory compliance consultancy with over 20 years of experience. With a team of over 100 compliance specialists across APAC and worldwide, we are equipped to deliver bespoke, risk-focused and cost-effective solutions.

Our extensive knowledge of the regulatory framework in both Singapore and Hong Kong will help strengthen your compliance programme and enhance your overall regulatory standards.

If you would like to find out more about Waystone’s Policy & Procedure Solutions for both Singapore and Hong Kong, please reach out to our APAC Compliance Solutions team.