Webinar

In today's regulatory environment, relying on just the annual review to assess the health of your compliance program is not enough. Regulatory expectations are evolving rapidly, requiring continuous monitoring and proactive management of compliance programs to stay ahead. This shift is not just a matter of best practice but a critical necessity for organizations in order to be able to both understand the most pressing areas of compliance to your firm and the effectiveness of your policies, procedures and controls in response to that risk.

Effective surveillance plays a crucial role for compliance in maintaining regulatory compliance and safeguarding the firm from the effects of illicit employee behavior that leads to market abuse and market manipulation. Regulators fully expect that firms to have effective controls in place to monitor employee behavior and transactions for non-compliance, whether inadvertent or intentional.

Solid policies and procedures are the backbone of an effective compliance program, providing a framework for the consistent application of rules and requirements across the organization and third parties that the firm conducts business with.

But just having a library of policies isn't enough. The key is having policies and procedures that are clear, actionable, defensible, adhered to across the firm and consistently updated to keep pace with regulatory change. In the complex and volatile business environment that financial services firms are operating in, that goal is often easier said than done.