COMPLIANCE MANAGEMENT SYSTEM step by step:
WDAConsulting offers comprehensive assistance that allows your Organization to do business in manner that reflects a strong corporate culture.
WHY
• Being compliant gives you a competitive edge.• The legal framework gets more specific over time.
• Enforcing agencies have an increasing appetite.
HOW
• Organization assessment: how to understand the Organization and its content, as well as needs and expectations of stakeholders.• Identify, assess and prioritize risks: by implementing solutions toward defining its nature and extent.
• Conceptualize your guidelines, policies and procedures: to be embedded by your governing body, personnel, contractors and clientele.
• Train and educate your people: choose the most effective program considering level of preparation, locations, activities performed and cultural surrounding.
• Control and Monitor: oversee, supervise and audit your people and operations.
• Evaluate your effectiveness: specific methods to measure your program’s design and its implementation.
RESULTS
• A healthy business operation.• An integrated organizational culture.
• A potential incremental business tool.
ANTI-BRIBERY & ANTI-CORRUPTION
In a cross-border economy, WDAConsulting brings your Organization the opportunity to mitigate the latent risk:
WHY
• The Organization’s Governing Body is ultimately responsible for its activities, governance and compliance.• Organizations have a responsibility to proactively contribute to combating bribery: being a law-abiding organization is not sufficient.
• Implementation of reasonable and proportionate measures to prevent, detect and respond to bribery is the standard. It is not possible to completely eliminate the risk of bribery.
• Outbound bribery is a perverse as inbound bribery, thought anti-bribery measures are not the same.
HOW
• Start by assessing your risks.• Identifying your risk factors: size, locations and sectors in which the Organization operates.
• Define the nature, scale and complexity of the Organization’s activities.
RESULTS
• Avoid or mitigate the cost, risk and damage of involvement in bribery.• Promote trust and confidence in business dealings.
• Enhance your reputation.
ANTI-MONEY LAUNDERING
Because international parameters must be met in your corresponding business segment, WDAConsulting helps your Organization safely navigate the international financial system:
WHY
• Financial transactions are the core of your business operations.• Cross-border businesses must deal with clients and institutions in multiple jurisdictions at the same time.
• Your Organization must not be exposed to money laundering placement, layering or integration.
• Any predicate crime, whether tax evasion, illicit exchange or fraud, is an unaffordable risk.
• Be fresh: by finding innovative methods to communicate knowledge in an engaging manner.
HOW
• Due diligence, record keeping and identification standards are the key.• If it looks like a fish, swims like a fish and smells like a fish “IT IS A FISH".
• Be fresh: by finding innovative methods to communicate knowledge in an engaging manner.
RESULTS
• Maintain a healthy financial transaction network.• Standardized program, policies and procedures for all to abide by and comply with.
• Timely identification and reporting of a suspicious transaction, provider or client is the goal.
TRAINING
WDAConsulting brings accessible knowledge to your Organization by speaking your language.
WHY
• Learning is leading.• By properly educating personnel, the Organization mitigates compliance breach risks.
HOW
• Speak the organization’s language: our diverse cultural and language background allows for easy and effective reach of a captive audience.• Make important: instruct your senior management to act, talk and breathe compliance.
• Be fresh: by finding innovative methods to communicate knowledge in an engaging manner.
RESULTS
• Development and enhancement of your Organization’s culture and values.• Corporate identity.
• More focused and productive personnel.