More about REGULATORY COMPLIANCE SERVICES by RCL:

Risk Concepts, Ltd. (“RCL”) has the staff and expertise to assist financial institution managers in their efforts to comply with all aspects of regulatory mandates, whether these are criticisms of current practices resulting from an examination, a Memorandum of Understanding or a Cease and Desist Order.

RCL’s staff providing Regulatory Compliance Services consists of former bank senior managers, lead examiners and forensic consultants who have participated in regulatory-approved remediation activities. These experiences include:

·        Formulating and documenting plans to comply with regulatory requirements.

·         Organizing, managing and reporting on multi-disciplinary projects to support required remediation efforts.

·         Developing and implementing plans to raise additional capital.

·         Developing or augmenting policy/procedure documentation to meet regulatory requirements, training staff in new practices and quality assuring the implementation of modified procedures.

·         Executive search and vetting of managers/staff where replacement of current staff is desired or required.  

·         Providing interim, day-to-day management of key banking functions (e.g., lending, treasury, information technology, human resources, auditing, accounting) while replacement staff is sought.

·         Investigating and developing Proofs of Loss for Bankers Blanket Bond and other insurances.

In addition, other experienced staff from RCL can be brought to bear as local circumstances dictate in order to meet virtually any foreseeable technical circumstance that might be encountered in efforts to attain compliance with regulatory mandates. In addition, RCL enjoys an excellent reputation amongst financial institution insurers worldwide, thus easing placement of regulator-required coverages, if needed.

Professional biographies of RCL's staff and examples of engagements wherein RCL’s staff has provided needed assistance to meet regulatory requirements are available on request.