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Our Risk & Regulatory Advisory services

MMP provides comprehensive Risk & Regulatory Advisory services, including proactive enterprise risk management, corporate governance, internal audit, regulatory compliance, anti-money laundering compliance, controls design and reviews, business resilience, FATCA and CRS compliance, and forensic advisory.

We are also well-versed in the evolving requirements of Environmental, Social, and Governance (ESG), ensuring that your organization is compliant and prepared to build a sustainable future.

Our services are tailored to guide you through regulatory complexity with confidence and composure.

At MMP, we recognize the pivotal role of risk management in today’s dynamic business landscape. Our suite of risk & controls services is designed to help businesses effectively navigate and mitigate risks, strengthening corporate governance, ensuring operational resilience and regulatory compliance.

We bring extensive industry knowledge and a results-driven approach with a focus on delivering tailored solutions that address your organization’s unique needs and safeguard your business interests.

Our Risk & Controls offerings include:

Enterprise Risk Management (ERM) is an oversight tool that helps management to enhance their risk management capabilities proactively and effectively by capturing strategic, operational, compliance, financial, and external risks.

To provide the desired risk information and assurances, the ERM system should be fit-for-purpose and provide a complete and accurate view of the risk profile. Failure to do so may expose the organization to increased scrutiny from stakeholders.

We can help you in the following areas:​

  Setting up your ERM function​.

  Fine tuning your risk appetite​.

  ERM maturity review​.

  Risk assessment and Dashboarding.

Businesses are constantly confronted with rapid changes, such as shifts in customer behaviors, technology, competition, and regulations, which require them to rethink their value proposition.

While these changes present significant opportunities, they also expose organizations to new and often complex risks. In this context, Internal Audit has become a critical lever for companies to build confidence and act decisively and proactively in a world of constant change.

Our Internal Audit offerings include:

  External Quality Assessment Review of Internal Audit Function 

In accordance with the Internal Audit standards, our team can perform an external quality assessment review of the Internal Audit function at your organization.

Our external quality review is primarily focused on the following aspects of the Internal Audit function:

(a) Positioning.

(b) People.

(c) Processes.

We can support Senior Management and Audit Committees unlocking value through: 

  Gap Assessments: Evaluation of current state of the internal Audit function against the International Standards for the Professional Practice of Internal Auditing and the industry best practices.

  Recommendations: We further recommend actions to be taken to reduce the gap between the current and the targeted state of the Internal Audit function.

  Internal Audit Outsourcing / Co-sourcing services

Our team can undertake the duties of an organization’s Internal Audit function as directed by the board, audit committee, and senior management. Our team will prepare the internal audit plan and execute it in line with the internal audit standards and industry best practices.

This model provides essential expertise for the organization, leading to reduced operating costs and the identification of improvement opportunities.

  Establishing the Internal Audit Function

Our team offers assistance and advice to clients looking to establish an effective Internal Audit function; a task that requires time, dedication, and experience.

Our services in this regard include:

  Internal Audit function positioning planning.

  Assist in preparation of the Internal Audit activity’s charter, procedures, and audit plans.

  Carry out Internal Audit assignments together with the organization’s staff to collaborate, share, and transfer knowledge.

  Assessing new-hires or current employees’ competency.

  Staff training and workshops.

Effective corporate governance is a foundational pillar for a robust and sustainable organization, providing a framework for strategic execution and sound operations.

As regulations, risks, and responsibilities related to ESG continue to evolve, entity governance and compliance have become more prominent on the boardroom agenda.

Consequently, the support from governance professionals is increasingly critical to ensure an organization’s long-term success.

Our Corporate Governance services include:

  Review of the current corporate governance structure, provide recommendations, and support on the recommendations’ implementation.

  Enhance risk management systems and processes.

  Develop codes for corporate governance, business conduct, and other relevant corporate documents to promote compliance and ethical practices.

  Improve corporate governance processes for group companies.

  Conduct Board of Directors’ effectiveness reviews.

  Provide assistance in meeting regulatory requirements on corporate governance and information disclosure.

  Advise on information disclosure issues.

  Environmental, Social, and Governance (ESG) Advisory.

The pandemic has reminded us of the unpredictable nature of our world, where crises can emerge without warning and impact individuals, companies, and communities on a global scale.

Despite the negative connotation of crises, we believe that every problem can be an opportunity in disguise and can lead to positive outcomes if managed effectively.

With this in mind, crisis management has become more important than ever. Governments, ministries, and corporations are re-evaluating their response to threats and risks, recognizing the advantage of being prepared for worst-case scenarios.

As part of our comprehensive business resilience offerings, we can help you with the following:

  Crisis management.

  Succession planning.

  Business continuity management (“BCM”) – BCM Assessments, BCM Program set up, and BCM Documentation.

An effective internal control system enables management to mitigate risks and enhance value by aligning controls with the organization’s culture, values, size, stakeholder expectations, and risk priorities. This promotes transparency, accountability, and compliance, while safeguarding assets and improving operational efficiency.

Our services include the following: 

  Effectiveness review of Internal Controls

We assist our clients in conducting diagnostic reviews of their current internal controls, offering valuable insights and recommendations based on industry best practices.

  Design and implementation of Internal Controls

We assist our clients in designing and implementing effective internal controls, which includes process mapping to identify potential risks and monitoring procedures to ensure compliance with applicable regulations, industry standards, and the organization’s bylaws.

Our team of experts will work with you to develop an internal control structure tailored to your business needs, incorporating best practices and professional standards.

  Trainings and workshops

We provide training workshops to help your staff acquire the professional knowledge and technical skills necessary for their roles.

At MMP, we recognize the ever-changing nature of today’s regulatory landscape and the undisputed importance of regulatory compliance for businesses.

As regulations continue to evolve, and with requirements undergoing constant changes, organizations must remain agile and adaptable to ensure ongoing compliance.

Our comprehensive suite of regulatory compliance services is specifically designed to assist businesses in navigating these dynamic changes, staying ahead of regulatory updates, and proactively addressing compliance challenges.

Our Regulatory Compliance offerings include:

As the global regulatory landscape rapidly evolves and new asset classes and transactions become integral to many businesses, organizations must confidently and resiliently navigate this complexity while ensuring compliance with regulatory requirements. 

Our team will support you in establishing, transforming, and monitoring your regulatory compliance frameworks to adapt to this changing landscape.

With Anti-Money Laundering (AML) regulations becoming more stringent and critical worldwide, regulators are placing greater emphasis on agile and effective AML frameworks.

Our team keeps abreast of the latest AML regulations in the UAE, KSA, GCC, and globally, enabling us to provide expert guidance and support in developing and implementing effective AML frameworks for your organization.

Our AML regulatory team can help you with:

  AML Reviews – We can assist you in performing risk-based AML reviews to assess the effectiveness of your AML framework.

  AML Controls – We recommend measures to ensure your AML controls operate effectively and meet the evolving compliance requirements.

Our team possesses extensive knowledge in regulatory compliance across diverse industries. As part of our offerings, we provide tailored outsourced Compliance and Money Laundering Reporting Officer (MLRO) services to cater to your specific requirements.

Whether your operations are based in Dubai International Financial Center (“DIFC”), Abu Dhabi Global Markets (“ADGM”), other free zones, or the UAE Mainland, our outsourcing solutions grant you access to specialized expertise while minimizing costs.

Exchange of information between governments and tax authorities has become increasingly important in recent years, and financial institutions now face greater compliance requirements due to the implementation of Foreign Account Tax Compliance Act (“FATCA”) and Common Reporting Standards (“CRS”) regulations.

Our experienced team has worked with financial institutions in UAE, Oman, Pakistan, Cayman Islands, and British Virgin Islands to implement FATCA / CRS regulations.

Our key service offerings include: 

As ESG gains prominence on the boardroom agenda and sustainable operations become increasingly important to regulators, investors, creditors, and stakeholders, crafting a robust ESG proposition is essential for achieving sustainable value in the short, medium, and long term.

Our team can help boost your ESG performance by integrating ESG into your business strategy, aligning with global and regulatory frameworks, developing an ESG-oriented culture within your organization, and ensuring effective communication channels for your ESG practices.

Our comprehensive offerings will help you anticipate and proactively meet regulatory and market expectations on the ESG front.

Our Regulatory and Tax experts will assist your organization on both fronts; ESR compliance and ESR reporting

  Gap assessment on ESR reporting readiness.

  Support on preparation and submission of ESR supporting documents and reports.

Our strategic partners in corporate services possess extensive experience in assisting promoters with licensing processes from the Dubai Financial Services Authority (“DFSA”) and Financial Services Regulatory Authority (“FSRA”).

To date, we have provided regulatory assistance to several applicants and, such assistance broadly encompasses the following services:

  Comprehensive assistance with the incorporation / licensing process for authorization by the DFSA, FSRA, and SCA.

  Assistance with the preparation and review of the regulatory business plan.

  Preparation of the financial projections and assistance with the preparation of the PIB returns.

  Assistance with the preparation of the compliance manual, compliance monitoring program, anti-money laundering manual, risk management manual, and other regulatory manuals.

  Assistance with the registration and incorporation process of legal entities with the DIFC and ADGM Registrar of Companies (“ROC”).

In today’s rapidly changing business landscape, fraud is a significant threat to organizations of all sizes, across all industries. Whether it’s financial fraud, cyber fraud, or occupational fraud, the impact on an organization’s reputation and financial stability can be massive.

Our Forensic Advisory team is well-equipped to assist you in mitigating fraud risks by providing a comprehensive suite of services, including fraud prevention, detection, and investigation

With our tailored approach, we can help you protect your organization from potential threats and minimize the impact of fraud-related incidents.

Effective fraud prevention is essential for any organization to maintain its reputation, protect its assets, and ensure the trust of its stakeholders.

Our Fraud Prevention services are designed to help you identify and mitigate potential fraud risks before they become a problem:

  Enhancement of Anti-fraud frameworks.

  Conducting fraud risk assessment.

  Development of strategies and policies for prevention of fraud, corruption, misconduct, and whistle blowing policies.

  Fraud awareness programs and training for employees.

Fraudulent activities can cause significant financial losses and reputational damage to organizations, which can be detrimental in today’s highly competitive business environment.

We provide a comprehensive suite of Fraud Detection services:

  Anti-bribery and corruption reviews.

  Foreign Corrupt Practices Act reviews.

  Development and implementation of whistle-blower hotlines and reporting mechanisms.

  Setup and design of fraud monitoring systems and controls.

Promptly investigating any allegations of fraud is crucial to mitigate potential risks and minimize any negative impact on the organization.

Our Fraud Investigation services are designed to help you respond to allegations of fraud, misconduct, and other irregularities.

  Fact finding missions.

  Investigation of whistleblower allegations.

  Forensic accounting.

  Regulatory and compliance investigations.

For queries, or to submit a request for proposal

Contact us

To submit a Request For Proposal (RFP) or to inquire about our services, please reach out using the form below: