Understand the initial and ongoing complexities of your type of regulated business.

Figure out which license applies and ensure it is obtained efficiently.

Codify your requirements internally so that you and your team can operate with clear guidance.

Obtain ongoing support from a strategy, compliance and operational standpoint.

Institutionalise your business with improved oversight and governance arrangements.

As the 3rd Line of Defence, this function enables you to check on the gaps in your controls and compliance arrangements and improve on them accordingly.