REQUIREMENT

Campion Willcocks was asked to review and enhance the financial crime procedures of a medium-sized South African Bank.

SOLUTION

Campion Willcocks spent two weeks reviewing the existing procedures, including conducting walk-through’s of key processes to understand the difference between the existing procedures and the practice on the ground. We also conducted interviews with key stakeholders to understand where they perceive the failings of the current system. Based on the findings from this exercise, we were able to re-draft their procedures, simplifying and also ensuring they reflected the operational framework.

OUTCOMES

The new procedures enabled the client to clearly document their operational procedures, and also introduced a new QA layer over the top of these procedures, so the bank could ensure that the teams were operating to the levels of best practice required.

WHY CW COMPLIANCE?

We have deep experience in advising clients on their financial crime target operating models and drafting simple and easy to use policies and procedures.