Our services

With the regulatory environment continually changing, compliance remains a moving target. Oracle Compliance can help you design, assess and transform the processes, controls, and infrastructure needed to mitigate the wide variety of specific regulatory and compliance risks your organisation faces. We make your day-to-day processes simpler by offering an integrated and comprehensive risk-based approach to managing compliance. Our services include:

 

Risk-Based Practice Assessment:
As the regulatory landscape continues to shift and grow in complexity, financial services providers are left in a web of legislative requirements through which they are required to navigate. As a registered compliance practice, we make it our concern to assist Financial Services Providers on their Risk Management procedures. We tackle each client individually, and devise systems and solutions that will ensure they attain full compliance and overall risk management.

Implementation:
Our team is personally experienced in dealing with all elements of project management, and we can either act as guides in implementing our clients’ risk management plan, or execute specific elements as needed. Our suite of services enables our clients to achieve compliance while staying laser-focused on their businesses. We use tailored web-based interface to effectively manage compliance implementations

Monitoring:
Developing a compliance culture within an organisation is vital to an effective compliance function, and it is therefore imperative to develop an effective, ongoing and well-documented monitoring programme. We offer this service, which includes regular onsite assessments, inspections, reviews of existing systems, provision of updated information and regular workshops and training, if needed.

Reporting:
Oracle Compliance helps you to achieve and maintain compliance by conducting regular onsite assessments, producing reports and recommending revisions on practices where necessary, regularly reviewing your risk management plan, and completing and submitting your FSB compliance reports.

Advisory services:
The most effective compliance programmes do not simply protect, but propel a business. With our expertise we can help our clients to create a programme that is not only a shield against misconduct, but also an engine towards long-term, sustainable performance.

Training:
Oracle Compliance offers a range of compliance and practice management workshops that educate our clients on laws, regulations and policies pertaining to risk management and compliance. This training will help provide employees with the skills and understanding they require to, among other things, potentially detect exposure to risk, thereby reducing our clients’ exposure.

FAIS administration:
Oracle Compliance performs full FAIS Administration for its clients including the capturing and submission of Annual Financial Statements, provision of template documentation (policies, procedures, disclosure documents etc.), facilitation and submission of New FSP licence applications, facilitation and submission of all profile changes such as change of directors, changes to financial year ends, addition and removal of representatives, name changes and all applicable liaison with the FSB.

 
 

SPECIALIST SUPPORT

Oracle Compliance advises primarily Financial Services Providers on their Risk Management procedures with regard to Regulatory Risk. This encapsulates both legal and reputational elements presented by our clients’ legislative and regulatory universe.

Oracle Compliance is headed by legally qualified attorneys and specialised industry personnel, accredited by the Compliance Institute of SA and approved by the FSB. In addition, Oracle Compliance is associated with a leading firm of attorneys providing specialist advice on legal matters ancillary to the regulatory and compliance environment.

 

OUR FOCUS

Oracle Compliance advises primarily Financial Services Providers on their Risk Management procedures with regard to Regulatory Risk. This encapsulates both legal and reputational elements presented by our clients’ legislative and regulatory universe.

We specialise in the following:

 

FAIS

  • Licensing Assistance
  • Risk Based Practise Assessment
  • Implementation Of Effective Control Measures For Regulatory Requirements
  • Development Of Compliance Systems, Procedures And Documentation
  • Outsourced Compliance Officer Function
  • Ongoing Monitoring And Enhancement Of Control Measures
  • Regulatory Reporting To FSB
  • Complaints Management
  • Legal Advice And Litigation Services
  • Upfront And Ongoing Regulatory Training
 
 

FICA

  • Embedding of Money Laundering requirements
  • Money Laundering Reporting facilitation
  • Drafting Internal Manual
  • Staff Training