Legis Compliance Services - Legis and Partners Ltd

Compliance
& Risk Management

LEGIS COMPLIANCE SERVICES LTD (LCS) is an independent consultancy company in Compliance and Risk Management. We operate in Mauritius, in the Indian Ocean region and in Africa, in the financial sector essentially.

Specialist in the banking and financial services regulations, we respond to needs of our international customers with advisory and audits in Compliance and AML-CFT, advisory in risk management, outsourcing of the MLRO and compliance functions and tailored trainings. LEGIS AND PARTNERS LTD has partnered with LCS to offer its customers an enhanced range of services.

COMPETENCY

Experienced resource specialized in the banking and financial sector.

COMMITMENT

Achieving the objectives defined with client through the implementation of adapted and effective solutions.

INDEPENDENCE

Reliable listening and accurate analysis of the customer needs with an open mind.

SATISFACTION

Our results meet your aspirations and accompany your ambitions.

CHRISTOPHE AYNAUD

Chief Executive Officer

Christophe is specialized in the financial sector. During more than 25 years he has held several positions in organization and project management, in Risk management, Compliance, Internal Control and Internal Audit in international banks et mainly in Private Banking in Switzerland and Luxemburg.

Head of the Permanent Control and Compliance in one of the main banks of the Indian Ocean area, he was responsible to setup the concept and the team of the permanent control, the Compliance risk management, the upgrade and update of the Compliance processes, the operational and information risk management.

Before this position, he was Head of Strategic Projects in the creation of a new private bank, in charge of the setting up of the core-banking system and processes organization along with the Risk management, then he was Chief Risk Officer of the new bank.

Christophe holds a Master in Engineering specialized in information system and a Master in Business Administration in finance from IAE de Paris, La Sorbonne University.

AML-CFT Independent Audit

Independent Audit and review of the AML-CFT processes as per the actual regulations.
The Audit mission analyses, among others, the following points :

AML-CFT policies and procedures
Internal Risk Assessment
Risk Assessment on the use of third-party service providers (outsourcing)
Compliance function and effectiveness
MLRO function and effectiveness
Implementation and effectiveness of mitigating controls, including customer due diligence and enhanced measures
AML-CFT trainings
Record keeping obligations
Targeted Financial Sanctions
Suspicious Transaction Monitoring and Reporting

Recommendations are issued by the Audit mission and we can assist you in their implementation in order to comply with regulatory requirements.

Compliance and AML-CFT Services

Client Onboarding and Acceptance Services, Screening and Customer Due Diligence
Assistance and review of the Business Risk Assessment (AML/CFT risks)
Advisory to ensure compliance of the organisations and processes with the AML-CFT laws
Assistance to create/review the AML-CFT policies and procedures
Assistance and advisory to the Compliance function
Outsourcing of Compliance and MLRO functions

Preventing Fraud Risk

Implementation of a fraud risk map for all the activities
Analysis of the organisation, processes and sub-processes of the activities
Identification and assessment of fraud risks and vulnerabilities
Analysis of existing internal controls for major risks
Proposal of measures and controls to mitigate the level of fraud risk
Assistance in the implementation of new internal controls and key risk indicators

Data Protection

Assistance to comply with the Data Protection Act (DPA)
Outsourcing of the Data Protection Officer function
Creation/review of a Data Protection Manual
Registration with the Data Protection Office
Creation of the Record of Processing Operations (RPO)
Review of Transfers of personal data abroad
Perform a Data Protection Impact Assessment (DPIA)

Reduce Operational Losses

Assistance to improve the operational risk management, the incidents management and the reduction of operational losses
Audit and cartography of operational risk to put in place a preventive monitoring of all the inherent risks for the executive management
Assistance to identify and implement the key controls mitigating the major risks
Assistance to create/review the Risk Management policies and procedures

Internal Audit Outsourcing

Companies can fully outsource their Internal Audit function to LCS.
In accordance with the Board and Audit Committee, an annual audit plan is defined and planned to carry out internal audit assignments and the edition of audit reports.
The follow-up of the implementation of the audit recommendations can be proposed with a periodicity to be defined.

Specific Trainings

Internal training could be necessary to raise awareness and to satisfy regulatory obligations.
LCS provides tailored trainings customised to the needs of its clients, a focus is proposed more especially on AML-CFT and Operational Risk Management.

Contact Us

LEGIS COMPLIANCE SERVICES LTD

T (+230) 210 6100 | M (+230) 52 59 20 33 | F (+230) 210 9100

aynaud@legis.mu

1st Floor, Block B EDITH
6 Edith Cavell Street
Port Louis 11303
Mauritius

Compliance & Risk Management