Managing an Australian Financial Services Licence can be stressful, but it doesn’t need to be. 

Bright Quest understands that not all AFSL holders have dedicated risk and compliance teams and systems.  We’ve used our deep experience in financial services and next-gen AI and API technology to develop AFSL compliance approaches that take the stress out of compliance and allows AFSL holders to do what they do best - deliver for their clients!

With deep experience in AFSL compliance, including for APRA Regulated Entities, we offer:

• Policy & Procedure drafting, reviews and updates

• Compliance obligation mapping

• Risk profiling support and facilitation

• Control design, documentation and testing, including the bespoke development of AI controls and control oversight

• Breach and incident management, including facilitating root cause analysis, breach and incident remediation programs and customer remediation

• Regulatory compliance support, including practical assistance with regulator reviews, enforcement investigations and customer remediation

• Deep dive reviews of business process or risk and compliance issues

• Workshop facilitation

• Risk in practice, practical professional development for teams and individuals

• Ongoing, external Risk and Compliance Manager engagements for organisations who don’t need a full-time Risk and Compliance Manager, but want cyclic and on call support.

We have one off and ongoing support packages, tailor made to address any challenge and suit any budget.