Activity :

• Asked to perform a control, trading and risk review for the capital markets dealing activities of a major UK bank. The assessment was requested as a result of disciplinary requirements by a US regulatory agency. The scope of the review included: equities; U.S. Government and corporate fixed income; CMO, MBS, ABS instruments; OTC derivatives; and FX spot, forwards and options.

Results :

• Our assessment resulted in a series of findings that were implemented to address improvements in the organizational structure, management oversight and internal controls. The changes helped the client achieved its regulatory compliance objectives.