PREPARATION FOR INSPECTION
Different regulators (such as the Financial Investigation Unit, State Personal Data protection inspection, Bank of Lithuania, and others) conduct different types of inspections and audits. The inspections can be planned or not planned. Ecovis ProventusLaw lawyers have an extensive experience in participation in plenty of regulators’ inspections on financial as well other regulated institutions. The preparation for the inspections are demanding and time-consuming process, we offer our legal services for preparation for the regulator‘s inspections.
The scope of this service includes but is not limited to:
- Gathering and evaluation of current Company‘s documentation in regard to inspected topic;
- Evaluation on efficiency of the internal processes from legal perspective;
- Preparing an action plan to remedy identified deficiencies;
- Supplement of the internal policies, procedures and other documents;
- Advising on enhancement of internal processes from legal perspective.
- Preparation for the inspection process, including employee training.
Knowledge without experience is of little use. Therefore we are proud of having our own valuable experience to share with you.