The decree of November 3, 2014 on internal control of financial institutions requires the implementation of a permanent control system (1st and 2nd level) which is an essential brick of internal control and a major issue of securing and competitiveness of activities for financial institutions.
Permanent control has two levels:
The issues for institutions are to:
To assist its clients in reviewing their permanent control system and thus enable them to control all their risks, FINEGAN offers to :
Our teams assist our clients in defining, according to the organization, the responsibilities of the two levels of defense (CN1 and CN2) in order to guarantee an effective permanent control.
We are also able to define the reference systems (activity, processes, risks, controls) and to assist our clients in the choice of shared tools to carry out controls and collect control data, as well as to review and challenge the permanent control system annually.
In addition to mastering the issues related to permanent control, the expertise of our teams in transformation and project management includes both organizational and IT aspects.
Review of a permanent control system
Risk and Control Self Assessment (RCSA)
Reorganization of a control system