Governance and regulatory consulting

Deloitte has extensive experience in delivering high-quality regulatory advice to our financial services clients. Our services cover the following areas:

1.Regulatory transformation and productivity

• Redesigning operating models to improve the effectiveness of governance, risk and compliance practices
• Implementing robust governance, risk and compliance processes
• Designing and building risk frameworks
• Design and implementation support
• Post-implementation assessments.

2. Regulatory readiness (new and upcoming regulation)

• Impact assessment and gap analysis
• Design and implementation support
• Post-implementation assessments
• Awareness and technical training.

3. Proactive independent regulatory support for:

• All queries and notices
• ASIC and APRA enforceable undertakings
• Remediation management and advice.

4. Ongoing regulatory and compliance advisory

• Secondments of specialist resources
• Diagnostics of business practices to meet current and future requirements
• Industry benchmarking and compliance assessments
• Internal audit and due diligence support (regulatory subject matter expertise)
• Licensing applications
• Three Lines of Defence advice.

5. Financial planning consulting

• Operating model diagnostics
• Enhancing monitoring and supervision frameworks
• Governance and culture assessments and enhancements
• File reviews
• Remediation support.

We work seamlessly with our risk, human capital and analytics teams to offer industry-leading change management services and analytic insights.