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Consulting

FINMA Authorisation process

Supporting new financial institutions towards FINMA authorisation, GCG:

  • draws a roadmap for the implementation of all financial regulation
  • helps drafting proper internal documentation and building adequate processes according to their business models
  • handles communication with supervisory organisation and key account manager at FINMA’s level

DPA (Data Protection Act) implementation

GCG suggests a modular service offering according to the assessment of needs including:

  • Drafting of privacy policy and privacy notice
  • Management of data security breaches
  • Procedure for handling data subject requests
  • Employee training

Regulatory Watch solution

GCG helps financial institutions to navigate an ever-increasing and demanding regulatory environment with:

  • regular tracking of crucial regulatory sources relevant to the financial sector
  • preferential access to subject matter expert resources
  • remote assistance (phone or email) on any topic we cover
  • curated alerts and analysis via documentary support provided several times a year as regulatory changes occur

Prudential support

In order to maintain FINMA standards once a license has been obtained, GCG:

  • updates the documentation in support of the FINMA licence in the first calendar year following authorisation
  • prepares the supervisory audit based on representative sampling
  • writes a report with the results of the review and recommendations
  • supports the implementation of those recommendations

Training

GCG offers training programs tailored to current regulatory requirements and financial institutions’ needs on:

  • compliance and AML
  • financial services
  • market abuse
  • sanctions
  • FATCA /CRS
  • ESG
  • data protection

LEI: Obtaining, renewing and transferring

Obtain a LEI with an official UbiSecure RapidLEI registration agent. Be it registration, renewal or transfer from another provider, GCG accompanies you during the whole process.

LEIs are currently required in the USA under the Dodd-Frank Act , in the European Union according to the requirements of the EMIR and AIFM directives, and in Switzerland under the Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading Act (FMIA/Finfra G/LIMF) since the 1st of January 2016.

Package suggestions

FATCA Request

Assistance and monitoring of FATCA requests for banks and trustees:

  • Analysis
  • Follow-up
  • Reporting

Crypto Service Providers

Compliance package including:

  • Guidelines
  • Training
  • Self-certification documentation
  • Mandatory registration (IRS and/or CRS)
  • Reporting

Advice and Regulatory Watch

Your company is faced with ever-increasing and demanding national and international regulatory changes. Implementing regulatory projects therefore requires the right skills, not only in the operational, legal & compliance, IT and risk management fields, but also in terms of project management. The aim is to identify opportunities and risks, and to avoid the high cost of inefficient processes. We support and advise you so that your company’s organisation and activities are adapted to the regulatory reality. No more, no less. Support in implementing the requirements of the Data Protection Act or assistance in obtaining your FINMA authorisation are concrete examples of regulatory support. We also offer a regulatory monitoring and assistance service, so that you don’t miss out on any developments that affect your business.

FATCA & CRS

Support package for banks, IAMs and trustees:

  • Guidelines
  • Training
  • Self-certification documentation
  • Mandatory registrations (IRS and/or CRS)
  • Reporting

Consulting Process

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