Services Regulatory advisory

TIC professionals who have been involved in financial regulation as regulatory authorities and industry experts provide most practical solutions and recommendations in formulating local regulatory strategies


Privatization of postal savings, introduction of Basel II, etc. have caused rapid and dramatic change in the way regulators regulate the industry. Increased new entrants in financial markets due to deregulation have brought in hard market competition. New regulation is causing new challenges to the industry as well. TIC will try to utilize its network capturing most recent information about these regulatory changes and utilize such information to assist clients in developing most practical and effective ways to counter new regulation. Turning regulatory advantage to competitive advantage is to become a key factor to survive in the market.
TIC is comprised of leading regulatory experts who used to be regulators, industry practitioners in the field of banking, trust, securities, insurance and asset management. TIC has dealt with other areas of regulation as well.

TIC's regulatory advisory service ranges from basic research and analysis of local regulation to licensing advisory for new entries to certain financial business, regulatory inspection support and support in developing procedures and manuals based on local regulation. We have provided regulatory advisory service to more than 350 clients in the past ten years who are continuing relationship with TIC on regulatory matters.

Examples of regulatory advisory service

  1. General provision of local regulation and
    regulatory related information
  2. Support in setting up financial business
    including backs, securities companies, etc.
  3. Advisory in setting up a local compliance
    system to meet all the local financial
    regulations
  4. Advisory on regulatory inspection and
    supervision

  5. Advisory on response to the regulatory
    inspection manual and guidelines
  6. Support in developing internal rules
    and manuals
  7. Advisory on response to capital regulation
    including Basel II
  8. Advisory on establishing self assessment
    program
  9. Advisory on dealing with financial
    regulators