Regulatory & Compliance Advisory

(4 customer reviews)

CFA383.83

Provides expert advice on adhering to payment regulations, financial laws, and industry standards, helping businesses mitigate risk.

Description

Regulatory & Compliance Advisory is an essential service for businesses in the payments and financial sector, ensuring they meet the ever-evolving regulations and standards governing transactions, data privacy, and security. In today’s global economy, regulations vary across regions and industries, making it complex for businesses to navigate. This consulting service helps organizations understand, comply with, and implement regulatory requirements, reducing the risk of non-compliance penalties, reputational damage, and legal issues. It includes advisory on major financial regulations such as PCI DSS (Payment Card Industry Data Security Standard), GDPR (General Data Protection Regulation), AML (Anti-Money Laundering), KYC (Know Your Customer), and others that impact how businesses process payments, handle personal data, and prevent fraud. Consultants also assist with developing internal policies to comply with these regulations, help companies prepare for audits, and provide training to ensure that all employees know their compliance obligations. By staying updated on the latest changes in financial laws and regulations, this service enables businesses to maintain strong governance frameworks, minimize regulatory risk, and ensure long-term sustainability in the competitive payments industry.