Financial Institutions (“FIs”) today are challenged by the evolving regulatory and business landscape, which has clearly exposed FIs to greater regulatory and business risks.
As a Capital Market Services (“CMS”) licensee, companies are obligated to have in place effective compliance management programs that are aligned to Monetary Authority of Singapore (“MAS”) related requirements; and conduct independent assessments to evaluate business processes.
Our team of professionals provide compliance advisory services to both regulated FIs as well as exempt CMS licence entities such as Registered Fund Management Companies (“RFMCs”) and Family Offices.
Meet Our Directors
1. Risk Management and Governance Framework
How can Tricor Axcelasia support your organization?
- Establish a robust risk management framework to identify, address and monitor the risks associated with assets under management, as required by regulation 13B(1)(a) of the Securities and Futures (Licensing and Conduct of Business) Regulations (Reg. 10)
- Work closely with the Board and management to drive risk-aware culture across your organization by instilling a forward risk thinking mindset among employees
- Assist in setting an appropriate risk appetite and prudent risk limits for the Group and/or Company level which are aligned to your organization’s strategic goals and objectives
What strategic advantages can Tricor Axcelasia offer and what capabilities can we help you build?
- Enhance effectiveness of your organization’s risk oversight practices
- Empower your organization to confidently identify and manage existing and future risks
2. Compliance Policies and Manual
How can Tricor Axcelasia support your organization?
- Tailor policies and procedures that fit the modus operandi of your organization
- Develop a comprehensive compliance manual to enhance employees’ knowledge on risks and critical control points within their responsibilities
What strategic advantages can Tricor Axcelasia offer and what capabilities can we help you build?
- Enhance the compliance culture within your organization
- Safeguard your business from increasingly rigorous legal and regulatory constraints
- Solidify your compliance foundation based on regulatory requirements and industry best practices
3. Ongoing Compliance Support and Monitoring
How can Tricor Axcelasia support your organization?
- Implement effective compliance management programmes (CMP) across your organization to identify, monitor and timely react to the increasing compliance obligations and risks
- Use of proprietary GRC technology tools for enhanced oversight and communication
- Provide an independent and objective perspective as part of your organization’s compliance function
What strategic advantages can Tricor Axcelasia offer and what capabilities can we help you build?
- Stay ahead of the game with our regular updates on changes to relevant rules, regulations and industry requirements as we manage your compliance function
- Readily scale your compliance capabilities as regulatory demands changes
- Increase efficiency and operational effectiveness with a specialized compliance function
4. Internal Audit
How can Tricor Axcelasia support your organization?
- Provide internal audit for your critical business activities as per regulatory requirements, which commensurate with the nature, scale and complexity of your organization
- Deliver an independent assessment to evaluate the current internal control systems within your organization and provide practical recommendations for improvements
- Conduct follow up assessments to ensure control gaps identified are managed effectively and on a timely manner
What strategic advantages can Tricor Axcelasia offer and what capabilities can we help you build?
- Improved business processes through global best practices, guided by international standards, e.g. IPPF and COSO Internal Audit
- Access to industry specific knowledge, insights into strategic and emerging risks, and effective internal control solutions
