Compliance & Regulatory

Regulatorily governed businesses, although high on opportunity are always under heightened supervision. Therefore, Compliance Risk for such businesses is always one of the highest in the Risk Order. Appropriate planning and monitoring of regulatory compliance gives business an edge over competition other than ensuring regulatory goodwill.

Highly experienced professionals of ElpeeCo handhold regulatory businesses to establish effective compliance frameworks and designing monitoring and management tools to ensure, compliance always remains a business enabler than otherwise.

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  • Management of routine regulatory queries and submissions.
  • Management of routine and ad-hoc submission of reports and returns of different periodicity.
  • Regulatory approvals, such as: Periodic approvals i.e. managerial remuneration, profit commission to directors etc. or One-off approvals such as approvals under File and Use of products, opening/closing of branches, appointment of KMPs etc.
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  • Implementation of regulatory prescriptions though policies, processes, procedures, manuals etc.
  • Evaluation of compliance risk both at functional and at enterprise level.
  • Establishing enterprise level compliance monitoring framework including actionable and checklists for each function and sub-function.
  • Management of compliance risk inherent to business processes and transaction structures by testing routines and placing mitigation measures through documentation or modification of the structural design of the transactions and processes.
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  • Structuring of products and aligning products with the applicable regulatory and/or statutory prescriptions.
  • Assisting the underwriting function in the overall product construct and structuring the covers.
  • For liability lines, assisting the underwriting with scenario assessment.
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  • Change in capital structure including infusion of capital, divestment by promotors/shareholders.
  • Issuance and listing of Other Forms of Capital.
  • Listing of equity shares and IPO.
  • Merger / acquisition / consolidation.
  • Setting up office/branch office/representative office(s) in other jurisdictions including SEZ.
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  • Regulatory inspection (both routine and special) including management of show cause notice and regulatory hearings.
  • Regulatory investigations including monitoring of regulatory actions and hearings.
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  • Design and implementation of processes for statutory and regulatory prescriptions relating to AML.
  • Formats and processes for periodic and specific reporting to FIU and other enforcement agencies under AML.
  • Training to the Principal Compliance Officer and Designated Director on expectations from and of the officers under AML.
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  • Training on management of overall compliance risk for insurance business.
  • Training on specific fields i.e. IRDA regulations, AML applicability, other central govt. rules and their applicability.
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  • Driving industry policy and regulatory changes though active persuasion.
  • Determining and arranging appropriate forums for hearing of industry issues and innovations.

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orporate Legal Solutions

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itigation Management

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nvestigation & Forensic