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KIMSY Consulting - Project Management & Business Development

KIMSY Consulting | Compliance Consulting Services
COMPLIANCE CONSULTING SERVICES
Why does Compliance matter to companies?
Regulations and laws change - so does your company. But do all your company's departments comply to all the latest regulations and laws that recently got effective?
Compliance is closely related to risk. But is your organization really effectively managing all relevant risks?
Risks must be identified, assessed and managed throughout the organization by those closest to the action. But are all involved employees educated thoroughly and trained accordingly?
Is your company's staff always communicating emerging risks upstream to senior-level management, so management board can take action about it in a timely manner?
Does the senior management know what necessary changes in work procedures are crucial, what changes on operational level need to be carried out in order to meet industry compliance standards? How does your company handle risks that suddenly may arise?
Is the senior management familiar with regulatory frameworks, such as for data protection, that recently has been put in place by the EU - such as for harmonizing EU privacy law legislation?

Generally speaking, organizations must be able to show compliance to every rule and regulation at any time, without any exceptions or excusions.





GDPR as an example:

Accordingly any company that stores or processes personal information about EU citizens within EU states must comply with the GDPR.
The GDPR framework enables individuals to claim their right when it comes to collect, store, process or transfer data of individuals.
Business processes and IT services must be adapted and carried out accordingly, matching the new regulatory framework and business requirements respectively; with a focus on compliance with national and EU legislation.

But that example is just one out of many. Literally any company needs a plan for minimizing compliance risks.

When did you last time examine your company's activities and transactions to make sure everything is in line with company policy and legal requirements?
Does your company possess of the required trained personnel in order to keep up with the said requirements?





To prevent your company from getting fined for any potential breach of regulation or violating any of EU citizen individual’s rights your personnel might need advice in how to implement the right processes within your company organization that ensure compliance and accountability respectively.

Many requirements, resulting from laws, directly affect company processes and IT infrastructure. For instance organizations must be able to provide an appropriate level of data protection and privacy to EU citizens.
Therefore demonstrating adherence to legislation is key for all companies. The effective adoption of compliance processes helps to protect your company meeting the standards expected by regulators.
How can KIMSY Consulting support you in examining company activities and transactions, ensuring everything stays in line with company policies and legal requirements?
We help you identifying laws and regulations affecting your organzation and in overseeing causes for potential violations and breaches, by:
Keeping you up-to-date with relavant laws and regulations and performing risk assessments to help you gain insights into scope, significance and in understanding different risk levels
Conducting protection impact assessments through the use of industry-standard audit processes
Assisting in the resolution of major compliance related issues
Screening and monitoring vendors, contractors, agents and third party companies as stakeholders of projects for ensuring awareness and adherence to company compliance scheme
Preparing schedules and timetables for the inspection of compliance procedures and practices
Assisting in addressing issues of non-compliance for limiting/preventing recurrence across company workforce
Exploring implications of risks on your company's business processes - from a compliance perspective and in terms of process optimizations and cost cutting benefits
Conducting risk assessments for your company and providing quantification and explanation of interactions between risks
Assessment of current IT systems and processes for being able to estimate the magnitude of potential risks; monitoring compliance risk controls
Developing compliance training courses to promote consistency, compliance and better customer service
Providing guidance on establishing processes for safeguarding your sensitive company and customer data
Conducting audits and providing suggestions for taking appropriate business decisions
Pointing out implications for IT operations to identify actions on how and what they need to do in order to fulfill legislation requirements; propose investing in right-sized IT solutions
Advice for setting up process implementation schemes across your organization, according to accepted and proven industry practices
Implementing profound data privacy model and an efficient data security controls framework
Developing policies and procedures to ensure compliance with EU, state and federal regulations
Setting up a communication and training plan for the staff for making personnel aware of corporate governance-related concerns
KIMSY Consulting offers substantial training for your company's staff so they can make informed decisions. We provide the required didactics, methodologies, and techniques to educate company workforce - for helping employees to carry out their risk management duties and compliance responsibilities. Moreover, we also support you in finding potential IT benefits and process improvements within in your organization.
We help you gaining respect from regulators and other external auditors, while achieving business effectiveness and efficiency in IT operations.
KIMSY Consulting puts your company on track for compliance.