Traditional compliance-based supervision is increasingly being complemented by risk-based supervision. Cadogan Financial has worked with several regulatory bodies helping them to introduce a risk-based supervisory regime.
In the East African Community Cadogan Financial worked for the EAC Secretariat to propose a harmonised risk-based supervisory model for the five Partner States, setting out a regulatory framework, including risk-based capital adequacy requirements, and a roadmap for its introduction.
In Moldova Cadogan Financial drew up recommendations for introduction of risk-based supervision including supervisory procedures, off-site financial stress test, an on-site inspection check list for risk identification in individual entities and a roadmap for the implementation of the proposed risk-based model.
In Botswana Cadogan Financial has recommended a risk-based regulatory model for non-bank financial institutions and written risk-based regulatory procedural manuals and trained staff in their application.
