A regulated business cannot delegate its compliance responsibilities, but a well chosen consultant can prove an invaluable source of support, guidance and help, and frees in-house professionals to devote more of their valuable time to running the business without distraction.

To deal with money laundering, conflicts of interest, conduct of business and more, the regulatory framework is becoming ever more complex – paradoxically more restrictive and more liberal at the same time. It is vital to fully understand how this works because compliance lapses have a real potential to affect a company’s business and reputation.

From our discussions with senior compliance professionals, we know that dealing with the management of day-to-day compliance responsibilities and managing new regulations and planning for future developments, is difficult. There is the very real risk that important issues may be less than adequately managed or missed altogether.

One way to protect against problems is to use the services of a specialist compliance consultancy such as Momenta.