Regulatory Compliance Regulatory compliance consulting services help you manage today’s risks to build future success. Disruptive technologies, regulatory pressures, evolving customer loyalty, and pressure to enhance economic returns are just some of the challenges organisations need to overcome by innovating and managing their compliance risks to succeed over the next decade.The dynamic regulatory compliance landscape and increased emphasis on cost reduction only add to the complexity of financial services organisations achieving profitable growth.Protiviti’s compliance consulting team brings a blend of experience and fresh thinking through a unique mix of consulting talent combined with former industry professionals, including risk and technology executives, commercial and consumer lenders, compliance professionals, and financial regulators. They ensure your business complies with Australian consumer protection laws administered under the Competition and Consumer Act 2010 and regulated by Australia’s main financial service regulators such as the Australian Prudential Regulatory Authority (APRA), the Australian Securities and Investments Commission (ASIC), and the Australian Transaction Reports and Analysis Centre (AUSTRAC). Survey December 7, 2023 Executive Perspectives on Top Risks for 2024 and 2034 The 12th annual Top Risks Survey report highlights top-of-mind issues for directors and executives around the globe over the next year - 2024 - and a decade later – 2034. Learn more Regulatory compliance consulting services Pro Rightmark Square Compliance transformation Design a target operating model that brings together a vision for people, processes, and technology to enable your business strategy. We help you build the capacity to transform by establishing a culture that drives shared responsibility and innovation. Pro Briefcase Regulatory remediation Aggregate and improve the quality of existing tools, technologies, and capabilities for look-back reviews and customer remediation. Our team responds to regulatory requests in an agile and efficient way, enabling you to drive business growth and innovation. Pro Screen System Integration Consumer protection We address your consumer compliance needs through compliance programme management, regulatory reviews, consent and remediation, and operations support. Pro Building office Compliance risk management Optimise and automate procedures using data and analytics for forward-looking, predictive controls, applying regulatory compliance expertise for more efficient responses to enforcement actions or issues to allow your business to focus on growth and innovation. Pro Document Consent Financial crime consulting Protiviti offers a multi-dimensional set of solutions to help you fight financial crime while staying in sync with regulatory changes. We collaborate to promote knowledge and skill transfers so your teams can leverage our delivery model, where impactful solutions can lead to lean and efficient operations. Our approach to compliance management Manage the risks of today while positioning you to meet the challenges of tomorrow We help companies optimise resources and design compliance risk management programmes that are efficient, innovative, and tech-enabled so regulatory risk is covered across your organisation.In a dynamic market, you need a regulatory compliance consulting partner that can manage the risks of today while positioning you to meet the challenges of tomorrow.We help you:Identify, align, and integrate key risk and performance indicators to business objectives and processes so that you can effectively manage riskFoster a culture of regulatory compliance so that you can factor in risk throughout your business—from product development, marketing, and sales, to underwriting, pricing, and servicing, as well as third-party risk, complaint, and issues managementDevelop effective compliance management systems and solutions grounded in data analytics and built on efficient and agile technology platformsEstablish, evaluate, monitor, and test for fair and responsible financial servicesEffectively manage or prepare for regulatory inquiries and exams or related matters requiring attention, and to respond successfully to enforcement actions and consent orders when neededDetermine how to best leverage risk and compliance management resources that promote success and enable innovation Manage the risks of today while positioning you to meet the challenges of tomorrow Perspectives on Global Sanctions Landscape Learn More WHITEPAPER An Open Letter to CEOs and Board Members: In Support of the Compliance Function We’ve all heard it said: “Tone at the top” is critical to the success of a compliance function, and financial institution regulators expect CEOs and boards of directors to foster a “culture of compliance” in the institutions they oversee. We’d expect... WHITEPAPER Sanctions: Not Just a Financial Institution Issue For banks, sanctions-related enforcement actions and large financial penalties over many years have made clear the cost of non-compliance with sanctions obligations. For other types of financial services companies as well as for non-financial... PODCAST Risky Women Podcast | Top Compliance Priorities 2024 In this episode of Risky Women Radio, host Kimberley Cole, CEO of the Risky Women organisation kicks off Series 7 by discussing the predictions for 2024 in the field of risk regulation and compliance. She is joined by Carol Beaumier and Bernadine... WHITEPAPER 2024: Global Sanctions Outlook for Financial Institutions KYC took on added significance in the sanctions world in 2023. No, not Know Your Customer, though that certainly remains important. Know Your Cargo became a new mantra for sanctions practitioners and there is every indication it will continue to be... NEWSLETTER The Top Risks 10 Years Out: Global Risks Are Persistent Capturing insights from over 1,100 C-level executives and directors across multiple industries with broad geographic representation, our global survey of C-level executives and directors survey offers insights for the top risks over the next 10 years... WHITEPAPER Top-of-Mind Compliance Issues for Financial Institutions in 2024 Discover crucial insights on compliance issues for financial institutions in 2024. From AI to ESG, navigate the evolving landscape with our comprehensive guide. BLOGS Australian banking regulatory projects need more product manager support With so many changes to contend with in what feels like a never-ending series of unforeseeable events impacting people, processes, innovation, infrastructure and industries the world over, it’s a time of heightened risk and change on so many levels.... PODCAST Regulation, risk and reward with HSBC’s Chief Compliance Officer, Asia Pacific Some of the key things that I see will be around digitalisation, open banking, artificial intelligence and robotics, workforce transformation, cyber security, and as mentioned, sustainable banking as well as regulatory technology. We're also already... Button Button CPS 230 – APRA’s new standard to improve operational risk and resilience The new standard sets minimum operational resilience requirements that must always be maintained to ensure that any disruptions minimise consumer harm. Read more Quantum computing helps financial services organisation improve portfolio optimisation A joint team of quantum computing engineers and financial analysts at this industry leader in digital financial services, led by a forward-thinking CIO, knew they wanted to take advantage of quantum computing to solve unique challenges that could not be handled with classical computing alone. Read more Leadership Mark Burgess Mark is a managing director and Protiviti’s risk and compliance solution lead. With over 17 years of risk and regulatory compliance experience in the financial services industry, he has a proven track record delivering deep insights for his clients. Mark has spent a ... Learn More Matthew Pirera Matt is a managing director in Protiviti Australia’s risk and compliance team and is responsible for leading the delivery of best practice solutions across Protiviti’s key clients. Matt is the national financial services industry lead, also leading the Protiviti ... Learn More Mike Purvis Mike has more than 25 years’ experience in governance, risk management, compliance management and assurance, both in practice and industry. Mike’s experience has included the design of risk and compliance management approaches, the integration of risk and compliance ... Learn More