When regulatory weaknesses have been identified, the priority is not simply implementing actions. It is delivering a remediation programme that addresses the underlying causes, satisfies regulatory expectations and provides clear evidence that the issues have been resolved.

The situation

Regulatory remediation often becomes more complicated than the original issue. Findings may have been identified through supervisory engagement, internal audit, compliance reviews or external assurance. The immediate actions are usually clear, but organisations often struggle to define the full scope of the problem, establish consistent governance and demonstrate that remediation has been completed effectively. Without a structured approach, programmes expand, actions lose momentum and the same issues reappear in subsequent reviews. Successful remediation requires more than completing action points. It requires clear governance, accountability and evidence that the underlying weaknesses have been addressed.

What you are really buying

A remediation programme that is managed to regulatory standards. We help define the scope of the issues, validate root causes, agree proportionate remedial actions and establish the governance needed to oversee delivery. Progress is monitored through formal governance arrangements, with supporting evidence retained throughout the programme. The objective is not simply to complete actions, but to demonstrate that the issues have been addressed in a way that is sustainable and capable of withstanding regulatory scrutiny.

What's included

The engagement includes:

• Definition and validation of the remediation scope.

• Root cause analysis and prioritisation of findings.

• Design of the remediation programme and governance framework.

• Action tracking and implementation oversight.

• Board and committee reporting.

• Evidence management and documentation.

• Review and validation of completed actions.

• Closure reporting demonstrating that remediation has been completed and appropriately evidenced.

How it works

1. 1

   Define

   We review the findings, confirm the scope of the remediation programme and validate the underlying causes before remedial actions are agreed. This creates a clear understanding of what requires remediation and why.

   You keep: A documented remediation plan with defined ownership, priorities and success criteria.

2. 2

   Implement

   We establish the governance needed to manage the programme, including reporting, oversight, action tracking and supporting documentation. Policies, procedures, controls and management information are updated where required to address the underlying issues rather than their symptoms.

   You keep: A structured remediation programme supported by appropriate governance and evidence.

3. 3

   Validate and close

   Completed actions are independently reviewed to confirm that they achieve the intended outcome. Evidence is organised to demonstrate implementation, governance records are updated and closure recommendations are prepared for management and, where appropriate, regulators.

   You keep: A remediation programme that can be demonstrated as complete and properly evidenced.

4. 4

   Ongoing assurance

   Where required, we continue to support the firm after formal remediation has concluded. This may include governance reviews, validation testing or periodic assurance work to confirm that the improvements remain embedded within the business.

   You keep: Continued confidence that the framework remains effective after the programme has closed.

The guarantee

Proof

We have supported remediation programmes across asset managers and fund service providers involving governance, operational controls, compliance frameworks and regulatory implementation.