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Transforming Financial Services Compliance


Remediation Approach


Scope

From an identified failing undertake a root cause review to understand the scope of the issue. Conduct a sample testing approach to establish the potential cost of remediation and the skills required to undertake the remediation review.

Plan

Establish availability of resource and time scale to complete. Agree budgets and approach with accountable owner. Establish quality assurance of the remediation approach to provide evidence of the action and interventions undertaken and that the issue has been effectively closed.

Execute

Undertake the plan as agreed with regular progress updates. Manage resource effectively to the desired quality. Evidence good outcomes have been achieved.

Finalise

Work with accountable owners to provide final report and gain feedback on our approach.