Stay on top of your Regulatory Compliance with RIA Review - PowerPoint PPT Presentation

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Stay on top of your Regulatory Compliance with RIA Review

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Financial penalties, jail time, damage to company’s reputation, and business disruptions are a few issues to name when it comes to the costs associated with regulatory noncompliance. Regulatory compliance requires all organizations to follow all relevant polices, laws, and guidelines. Compliance gives a firm’s clients the assurance they need to understand that the firm is operating properly. Violation of these statutes can lead to legal punishments including fines and jail time. – PowerPoint PPT presentation

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Title: Stay on top of your Regulatory Compliance with RIA Review


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Stay on top of your Regulatory Compliance with
RIA Review
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Financial penalties, jail time, damage to
companys reputation, and business disruptions
are a few issues to name when it comes to the
costs associated with regulatory noncompliance.
Regulatory compliance requires all organizations
to follow all relevant polices, laws, and
guidelines.  Compliance gives a firms clients
the assurance they need to understand that the
firm is operating properly.  Violation of these
statutes can lead to legal punishments including
fines and jail time. Small and mid-sized
companies are affected more than large
corporations due to smaller staffing for
regulatory compliance.  SMBs have to spend their
hard-earned money to make sure they comply with
all the regulations as a small mistake could
prove fatal for the company. Keeping up with
regulatory requirements, generating internal
procedures, documenting and implementing
them, SEC compliance, SEC audit prep possesses a
real challenge for firms. Oftentimes, advisors
for small and mid-sized companies remain occupied
with competing priorities.  As a result,
compliance is neglected or is handed to an
attorney who keeps track of these requirements,
but lawyers can be costly.  These issues can
result in a complicated situation (1) advisors
have to deal with regulators without the right
resources and/or (2) firms do not have enough
time or money to maintain their compliance
programs.  This is where we RIA Review comes in.
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RIA Review Compliance Software RIA
Review provides user-friendly online compliance
management software.  The key benefit is that
firms can manage their entire compliance program
and stay up to date with relevant regulations in
one place. The software is geared to break down
compliance requirements and give every user a
system to remain prepared for an
examination. Benefits of RIA Compliance Software
Tools 1.      A cloud-based compliance directory
to store required books and records 2.      Review
Center to schedule audit of firm
policies/procedures 3.      Forms/Agreements to
update documentation 4.      News and Updates to
customize compliance calendar Compliance
Management As the number of regulatory issues has
increased in the last decade, adhering to
compliance has become an important part of all
organizations. This increasing trend has led to
the growth in chief compliance officer positions
along with a group of employees whose sole effort
is to make sure the organization follows all the
mandatory regulations.   Regulatory compliance
is a must for small and mid-sized businesses, as
these regulations protect a business interests
and its employees.  With RIA Review documenting
and maintain compliance is streamlined and
secure. Source RIA Review
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