Risk and control records
Compare the documented risks, control responsibilities and available testing records within the agreed scope. Identify missing or outdated material for specialist review.
FCA REGULATORY CHALLENGES
Financial crime controls
Address gaps in control oversight, overdue reviews and remediation tracking.
THE BUSINESS ISSUE
Unresolved exceptions can become a management blind spot
Customer reviews, control testing and remediation work may be tracked in separate systems. A growing backlog or repeated exception can be difficult to assess when management cannot see its age, risk or owner. The problem is operational as well as a matter of policy.
How CoSure can help
Working with your financial crime specialists, CoSure reviews how control activity and outstanding issues are recorded, reported and escalated. We help translate the findings into changes to the workflow and management reporting.
What the engagement can deliver
You receive a review of the agreed control records, identified weaknesses in ownership or reporting, and a prioritised plan for resolving them. Specialist financial crime judgments remain with qualified reviewers.
Discuss your requirementsManage this work in Lexa AITHE WORK WE REVIEW
Control oversight and outstanding work
Overdue work and exceptions
Examine how the firm records open reviews, exceptions and remediation actions, including their age, ownership and escalation.
Management reporting
Assess whether reports give decision-makers enough information to distinguish routine work from unresolved issues requiring intervention.
The proposal confirms the activities, records and teams covered, together with any specialist input required. Your firm reviews the findings and approves the response.
OTHER AREAS