At Mukhtara Compliance, we realise that banks and building societies make up a core component of the modern financial market, playing an instrumental role and fulfilling the needs of both companies and customers alike. We have long-standing compliance relationships with banking organisations of all sizes, from small independent banking companies to tier 1 banking corporations. Our banking compliance solutions global approach ensures we provide ever-important compliance services that fit banks from every corner of the globe.
While we know that most banks will have an in-house compliance and audit team, we work hand in hand with these businesses to provide an independent perspective. Some of our clients have been incredibly happy to have our expertise—casting an eye over their banking practices and finding shortfalls that may have been missed. When these companies are operating on a large scale, such shortfalls can cost them millions; take PPI for an example.
At Mukhtara Compliance, our banking compliance solutions global approach allows us to assist not only large conglomerates but also smaller banks. We love nothing better than to provide a financial compliance solution tailored to these institutions. Obtaining a banking license is fraught with difficulty, and we know of only one major high street bank to do so since the financial collapse in 2008.
We also operate licensing projects and task specific audits which make up the majority of our banking business. Ordinarily a bank will require an independent component to a product launch or in some cases independent audits of a particular part of their business. Mukhtara Compliance prides itself on having worked with some of the largest (and smallest) banks to complete this work.
We have experience in a multitude of different banking specialisms including;
To find out more about our banking services, get in touch with us today.
