UK governance reviews
We help our clients ensure that their governance arrangements are fit for purpose and proportionate to the nature, scale, and complexity of their business.
Shareholders and other company stakeholders expect good governance practices as a minimum requirement. Through the history of corporate and regulatory failures, weaknesses in corporate governance are ever-present. UK Regulators look at financial services firms from the top–down and will always question the governance of firms. Complacency that your governance arrangements are effective is seen by regulators as a red flag to weak governance.
Governance framework assessments
Waystone delivers reviews that assess the adequacy and effectiveness of governance frameworks including:
- board effectiveness reviews
- SM&CR implementation and advice
- board and committee structures
- MI and reporting
- organisational structure
- conduct risk, culture, and staff turnover
- conflicts of interest
- succession planning/key person risk.
How Waystone can help
Our UK compliance solutions team has comprehensive experience in working in partnership with firm’s boards and senior management on their governance structures. We can undertake an independent review of your firm’s governance arrangements and provide guidance on how to ensure the firm has in place the right governance framework.
If you would like to discuss your requirements further, please contact a Waystone Compliance Solutions representative or contact us.