BRP SA also assists its clients’ in procedures with FINMA regarding authorisations and with foreign authorities in order to obtain cross-border licenses, exemptions or authorisations for the creation of entities.
Managing situations of non-compliance and internal investigations:
The risks of fraud and incidents leading to a situation of non-compliance have increased considerably over the years. An efficient compliance system, comprising of a well-functioning fraud prevention concept is now not only a legal requirement for Swiss financial institutions but it is also of real interest to management and all employees as a means to avoid potential damage and liability claims. A clear and sound framework also reduces regulatory capital requirements for operational risks.
An early discovery of the situations that resulted in fraud or similar incidents is, like the investigation of such situations, an integral part of an efficient compliance system. Only an in-depth analysis of the underlying facts will allow an institution to arrive at effective conclusions enabling it to correct any deficiencies and to strengthen its internal compliance system.
BRP offers assistance on a conceptual level as well as support for internal investigations.