REGULATORY FRAMEWORK
The regulatory tidal wave and the increased burden of the sanctions imposed on enterprises found to be in violation of local or international regulations has turned the regulatory risk into one of the most central risk factors which corporations face and are forced to deal with. For over a decade now, we have been assisting a diverse range of enterprises in identifing, manage, auditing, and implementing regulatory directives to which they are subjected, through adopting and custom-tailoring international methodologies to provide suitable solutions accommodating the needs of the enterprise and the regulations that apply its activities. From its inception, Entropy has been working with the majority of the compliance officers in banking and credit card corporations, in implementing and embedding the regulatory directives applicable to their activities. Among other things, we formulate advanced risk assessment methodologies for the benefit of the compliance team, formulate policy papers, implement advanced control processes, formulate risk-based workplans, and characterize and embed support systems for managing and controlling risks.
Adopting a work routine that is based on regulatory associated risks contributes to the enterprise being able to achieve its goals and maintain its reputation as well as the interests of all the stakeholders.