OF REGULATORY RISK
Mapping of Rugulatory Risk – mrr© is a BRP Group app that makes your job easier by allowing you:
To view the requirements which the Swiss financial institution has to comply with based on a translation of regulation and case law into behavioural norms
To access Swiss laws, regulation, standards and case laws with a single click
To monitor the regulatory risks and plan their mitigation
To see how the requirements translate in practice and what the necessary steps to be taken are
Advantage of MRR©
mrr© supports banks in analysing risks related to the regulatory environment by providing a structured approach to risk management. It is accompanied by regulatory watches, enabling you to stay abreast of the latest developments in the field
Swiss law and regulations, including:
Federal laws and ordinances
Circulars, other FINMA publications and SBA guidelines
All relevant decisions of the Federal Supreme Court
NUMBER OF IDENTIFIED BEHAVIOUR RULES AS OF TODAY
mrr© Presentation video
NEED MORE INFORMATION OR REQUEST A MEETING?
The BoD’s Tool (Board of Directors’ Tool) is THE interactive synoptic table showing:
The organisational requirements of the BoD
The prerogatives of the BoD according to the regulations and FINMA practice
The organisation of prerogatives delegated to the audit committee and other committees
The automatic schedule for meetings
Creation of an automatic schedule for BoD meetings
How the BoD should meet, decide, delegate, etc.
The option of receiving any relevant regulatory and case law alerts
Monitoring of Tax Risks
MTR (Monitoring of Tax Risks) by BRP Tax is a unique Tax Compliance tool with a country by country approach that assists financial institutions in managing risks connected to their clients’ tax obligations and assists with decision – making in the context of Swiss / Luxembourg obligations to combat money laundering.
It is a Compliant tool as per FINMA/CSSF audit risk approach. It has a Country-by-country approach on crucial tax information for more than 100 jurisdictions.
MTR is regularly updateD to reflect best practices.
Some of its Key indicators per country are:
- Main local tax rates
- available CRS agreement; Reportable cross-border tax arrangements (DAC 6)
- Controlled Foreign Corporation (CFC) rules for structures
- Currency control : foreign exchange (FX) restrictions
- Certification issued for Evidence of Tax Compliance (ETC)
BRP Tax provides implementation support and an after-sale help desk
CONSULTANCY & TRAINING
BRP group can assist you in swiss regulation and provide you training on swiss financial rules.