Business Continuity & Risk Governance Praxis
AKA Praxis Governance
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Tomorrow is Decided Today
- Make your Strategy and Governance Frameworks a Symbiosis
- Translate your Praxis Vision & Strategy into strategic and operational frameworks for endogenous and exogenous growth
- Align towards Corporate Responsibility, Excellence and Sustainability
- Identify and Evaluate What-Ifs
Financial Services Post-Brexit & Equivalence
‘No Rules’ in Brexit Deal Means a Window for Your Rules
Following Brexit, UK insurance companies can no longer rely on the existing ‘passport’ provisions to sell financial services to European customers.
Prudential II Framework – An Opportunity Among Others
Among opportunities in this key market for the UK, the Bank of England and Prudential Regulatory Authority (PRA) have now more flexibility on Solvency 2 equivalent rules which will help to maintain the integrity and reputation of London’s insurance companies whilst at the same time, giving it the flexibility to adapt more quickly to opportunities and challenges overseas and protect customers more effectively.
Our Consultants will Trek with You on this Journey
We help you to align insurance solvency regulation with that of other regulations such as new accounting standards, as developed by the International Financial Reporting Standards, for insurance companies, reducing the ‘silo mentality’ that often exists within large compliance departments.
We assisted major banks and regulators measure solvency for Basel and other requirements, steering them in the right direction towards better investment in resources and business excellence.
As a standard with us, no cut and paste or ready-made: we bring bespoke and innovative thinking, right from the first time and design the future, with you.
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Your Trekking Packages
Insurance – Solvency 2
AIMS
Imagine, shape and implement your ambitions, values and principles framework throughout your organisation.
INTERNAL RISK MANAGEMENT
Develop appropriate reward systems and diversification strategies
ANNUAL RETURNS
Design databases to produce accurate regulatory reports
SUPERVISORY REPORT
Link the firm’s risk strategy to regulatory requirements.
MARKET RISK SENSITIVITIES
Identify a risk mapping system so that risk management can be measured across portfolios
INTERNAL MODEL OUTPUT
Decide upon the trade-off between accuracy and transparency is very important at the implementation stage
GROUP V SOLO RETURNS
Firms must develop a consistent system to merge group risk
FINANCIAL REPORTING
Determine Tier one, two and three capital requirements
Banking & Financial Services
This section is being updated
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Your Vision & Strategy Experts
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Business Continuity & Risk Governance Praxis
[AKA Praxis Governance]
Direct Contact
+44(0)7939 285784
+44(0)7712 086934
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Your Regulation Experts
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