The requirements for the compliance function have increased significantly in recent years, both in terms of content depth and with regard to independence, resources, and documentation. At the same time, the market for qualified compliance officers is tight. Outsourcing to a specialized external service provider is permissible under both regimes, subject to the respective outsourcing regulations, and is the most efficient solution in many constellations.

Our services include:

• Performance of the Compliance Function (via outsourcing) — we assume the role of the compliance officer in accordance with MaRisk and/or WpHG, including all associated tasks (identification and assessment of material compliance risks, creation and implementation of the risk-based compliance plan, ongoing monitoring of the relevant legal regulations, reporting to senior management and the supervisory body, and acting as the point of contact for BaFin).

• Support for Your Internal Compliance Function — you retain the function internally, and we assist your team on a selective or permanent basis: with drawing up and maintaining the compliance plan, risk analyses, the implementation of new regulatory requirements, the execution of controls, or reporting.

• Interim Performance of the Function — in the event of vacancies, maternity/paternity or sick leave, transitional phases following staff turnover, or during intensive project phases, we assume the function on a temporary basis, thereby ensuring continuous regulatory coverage.

Whether MaRisk, WpHG, or both regimes in parallel: we align the scope and intensity of our activities with the size, business model, and risk profile of your institution, and ensure that the regulatory requirements for independence, qualification, and outsourcing capability are met at all times.