Kroll Appoints Shai Waisman as Firm President Read More Chevron

Prudential and Risk Management Consulting Services

The ability of senior management to demonstrate the firm’s resilience through sound risk management practices remains a key priority for the regulator.

Our experienced team comprises professionals from risk management, valuation, advisory and regulator backgrounds with deep expertise of prudential regulation and risk management.

We work with investment firms and credit institutions in the UK and Europe, including those subject to GENPRU/BIPRU or CRDIV as either IFPRU or CRR firms, to deliver prudential and risk consulting services in a broad range of areas.

How Kroll Can Help

Our areas of expertise include:

  • Risk Management Frameworks
    Assisting with or reviewing the firm’s arrangements in relation to the identification, quantification, reporting and management of all types of risk.
  • Risk Governance
    Reviewing and benchmarking current governance arrangements in relation to risk and prudential matters and advising on best practice.
  • Financial Risk Modeling
    Building and validating financial risk models and their governance.
  • Capital Adequacy
    Reviewing and advising on all aspects of the firm’s ICAAP, including capital planning, and assisting with preparation for a SREP visit; assisting with negotiations with the regulator on matters such as ICG and capital planning buffers.
  • Liquidity Adequacy
    Reviewing and advising on all aspects of the firm’s ILAA (for ILAS and non-ILAS firms).
  • Stress Testing
    Developing and refining scenarios.
  • Recovery and Resolution
    Reviewing the firm’s recovery and resolution plans and assisting with approach and analysis.
  • Consolidated Supervision
    Advising on the structure of consolidation groups and the regulatory implications.
  • Regulatory Reporting
    Assisting with the preparation of COREP, FINREP and other regulatory returns or undertaking an independent review of the firm’s regulatory reporting arrangements.  
 

We have a library of best in class risk analytic tools to assist with market and credit risk management. For example, we can assist with:

  • Computation and valuation of VaR and ETL for client portfolios
  • Estimation of PD, LGD and EAD for all categories of asset types
  • Computation of PFE and EPE for portfolios of financial assets
  • Valuation of KVA and CVA charge and sensitivities on portfolios of derivatives and complex assets
  • Hedging strategies for CVA and DVA
  • Calculation and reporting of “greeks”
  • Back testing of models
 

Our Services
  • Health Check
    Undertaking a high level gap analysis of your current capital and enterprise risk management arrangements against regulatory expectations and industry best practice.
  • Review and Recommend
    Undertaking independent bespoke reviews of your current arrangements against regulatory expectations and industry best practice to identify opportunities for improvements to processes, procedures and controls.
  • Skilled Person
    Acting as Skilled Person with respect of prudential arrangements in line with  Section 166 requirement notices or supporting a firm through the section 166 process
  • Assurance
    Providing assurance on the effectiveness of the design and operation of risk related controls.
  • Change Management
    Designing, managing and implementing change programs.
  • Remediation
    Developing and assisting with the implementation of remediation plans to address supervisory concerns.
  • Policies and Framework
    Reviewing or documenting policies, procedures and controls.
  • Training
    Providing tailored training and workshops to key staff.
  • Compliance Monitoring and Internal Audit
    Designing, implementing and/or reviewing internal monitoring arrangements in relation to capital and enterprise risk management.
/en/services/financial-services-compliance-and-regulation/regulatory-advice-consulting-services/prudential-and-risk-management-services /-/media/feature/services/financial-services-compliance-and-regulation/prudential-and-risk-management-services-desktop-banner.jpg service

Regulatory Advice and Consulting Services

Contact Us

Other Areas We Can Help

Advice and Consulting by Jurisdiction

Hosted Regulatory Solution

Our Hosted Regulatory Solutions enables clients to provide regulated services in the UK under a specialized FCA regulatory umbrella.

Hosted Regulatory Solution
Global Advice and Consulting

s166 Skilled Person Review

As an appointed firm on the Financial Conduct Authority (FCA) and Prudential Regulation Authority’s (PRA) Skilled Person Panel, Kroll has a strong track record in conducting skilled person reviews across a range of financial services industries and thematic areas.

s166 Skilled Person Review

Insights

Compliance

Global Enforcement Review 2021: Anti-Money Laundering Regulation

Compliance
Compliance

Markets Services Case Studies

Kroll assists financial services firms, trading venues and technology providers to comply with regulatory obligations and meet industry best practice in relation to all aspects of markets, pre-trade and post-trade regulatory reporting and surveillance.
Compliance
Compliance

Skilled Person Reviews (S166) Case Studies

Kroll is recognized as a regulatory compliance expert by the UK’s financial services regulators, the FCA and PRA, where we are an appointed firm on their Skilled Person (S166) Panel.
Compliance
Compliance

MiFID II Transaction Reporting Services Case Studies

Kroll is a leading advisor in providing practical and proportionate MiFID II/MiFIR transaction reporting solutions for the financial services industry.
Compliance