We assure risk and control frameworks across all lines of defence giving you the confidence that they are robust and fit for purpose. We work with boards of financial institutions providing assurance that policies are aligned to risk appetite and regulatory requirements. We work with clients to uncover and categorise risks and then help mitigate them. We design, implement, and carry out risk assessments and provide assurance on both the design adequacy and operating effectiveness of controls as well as providing guidance on best practice and any required remediation. Our audit skills along with our industry and regulatory subject matter expertise and experience mean we can partner with you in an impactful way.
Davies’ wider practices have further subject matter experts giving the Assurance practice and therefore our clients access to both a wealth of knowledge and scalability across the globe to support your needs.
Davies’ core Assurance services
Regulatory & Change Assurance
Regulation and Change can come about for various reasons, growth, strategy or a change in landscape. We work with Boards, Committees, C-Suite and senior business and control function leaders to deliver assurance reviews on all manner of infrastructure and control environment change programmes, be they strategic, regulatory transformation or required remediation. By utilising knowledge, expertise and experience from across Davies, we can provide you with the confidence that there will be no unforeseen risks and that you are in the right position before moving onto the next stage and/or before responding to regulators.
Risk & Control Assurance
We provide independent assessment of your risk frameworks across Board, 1st and 2nd LoD including risk appetite statements, governance structures, risk identification, policies and procedures, metrics, controls, and roles and responsibilities. Our experience means we can benchmark versus best practice, identify gaps, assess remediation plans and implementation, helping you to create a robust and comprehensive risk framework.
Internal Audit Services
Working with Audit functions across Financial Services to provide general auditors, audit specialists, industry experts and Quality Assurance, Davies has the full suite of technical expertise and the flexibility to support Internal Audit functions on a wide variety of engagements. We can provide one SME for 10 days over 5 months or multiple auditors for resource augmentation over multiple years, we can co-source or provide out-source services. No engagement is too big or too small.
