Assurance

Independent assurance for regulated firms

Independent reviews provide boards and senior management with confidence that governance arrangements, risk management frameworks and internal controls are operating as intended. Contact Ocorian to discuss how independent assurance can help identify control gaps, strengthen governance and support ongoing regulatory compliance.

How does Ocorian support independent assurance?

• Internal audit
  Flexible outsourced, co-sourced and specialist internal audit services that provide independent assurance over governance, risk management and internal controls.
• Anti-money laundering (AML) reviews
  Independent assessments of AML frameworks, customer due diligence, transaction monitoring, sanctions controls and financial crime governance.
• Client assets (CASS) reviews
  Reviews of client asset arrangements, governance, operational controls and regulatory compliance to support ongoing CASS obligations.
• Trading operations reviews
  Independent reviews of operational controls and trade lifecycle processes to improve efficiency, reduce operational risk and strengthen oversight. We can cover the Markets in Financial Instruments Regulation (MIFIR), the European Market Infrastructure Regulation (EMIR) and other national equivalents as well as best execution amongst other areas. 
• Governance reviews
  Reviews of governance structures, board effectiveness, committee oversight and accountability frameworks to support better decision-making.
• Business continuity management reviews
  Independent assessments of business continuity and operational resilience arrangements, including framework design, testing and ongoing effectiveness.
• Cross-border arrangement audits
  Independent audits and certifications to help firms demonstrate compliance with cross-border regulatory requirements.

Our approach

Every assurance engagement is designed to provide clear, practical insight rather than simply identify issues. Our structured methodology helps firms understand where improvements are needed and how to address them effectively.

• Planning
  Understanding your business, objectives, regulatory obligations and review scope.
• Independent assessment
  Reviewing documentation, interviewing stakeholders, testing controls and evaluating governance arrangements.
• Reporting
  Providing clear findings, practical recommendations and prioritised actions to strengthen your control environment.
• Implementation support
  Supporting remediation activities, validating improvements and helping your organisation prepare for future regulatory reviews.

Frequently asked questions