Compliance Advisory

Investment and Forex Firm Compliance Advisory

It is important that an investment or forex brokerage firm attempts to measure the effectiveness of its business to manage their compliance risk. This can involve an investment or forex firm assessing whether it is achieving the desired compliance culture and behavior, assessing the behavior of individual staff and businesses, and assessing the effectiveness of the contribution of the compliance function to managing compliance risk. This is an area of development for all forex firms, particularly in terms of evaluating whether management of their compliance risk reduces net risk to an accepted or defined level.

Compliance for an investment or forex brokerage firm usually includes:

- Personal account dealing approvals, monitoring and reporting.

- Monitoring business activity through taped records.

- Monitoring reports to clients and transaction reporting.

- Responding to requests for information from the regulatory authorities.

- Monitoring and surveillance of research activities (Chinese Walls, publication of reports and investment views and disclosures).

- Monitoring and surveillance of execution activities (order limits, respect of market rules, and control of inside information).

Through our compliance advisory expertise, DeltaQuest can assist investment and forex brokerage firms to have a clear and meaningful understanding of what compliance risk means, make compliance risk assessment for firm’s operations, draft tailor-made procedures of how to train relevant staff and explain the functions that are involved in managing compliance risk.

Contact Us to speak to one of our consultants and discover how compliance advisory can be used to effectively manage your forex brokerage or investment firm’s compliance risk.

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