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Regulatory and compliance

Berkeley helps regulators maximize their impact by transforming their overall approach, operating model, systems, and processes.

“Regulators are faced with expectations of perfection, yet they are often stretched thin by budget constraints and an expanding scope. It is vital that regulators do everything they can to operate as efficiently and effectively as possible, ensuring they focus their resources where they can make the greatest impact and achieve their most important objectives.”

Simon Close

Contact Simon Simon

“Regulators are faced with expectations of perfection, yet they are often stretched thin by budget constraints and an expanding scope. It is vital that regulators do everything they can to operate as efficiently and effectively as possible, ensuring they focus their resources where they can make the greatest impact and achieve their most important objectives.”

Simon Close

Contact Simon Simon

Consulting help to maximize regulatory impact despite resource constraints

The demands on regulators always seem to grow, with regulatory scope often expanding and the number of firms under their oversight increasing. At the same time, firms are evolving their business models, often more quickly than regulation can keep pace.

Yet regulators still need to achieve their objectives, while operating within constrained budgets and headcounts. As this pace of change is likely to continue, it is increasingly important for regulators to allocate resources appropriately, operate as efficiently and effectively as possible, make best use of their regulatory tools, and take advantage of new digital and data-driven opportunities.

Berkeley can help regulators improve their approach, operating model, systems and processes to ensure they maximize regulatory impact with the resources they have available.

Consultants who focus on delivering regulatory objectives

Our cross-sector strategy expertise means we can bring new ideas while helping to drive the razor-sharp focus that’s necessary to successfully deliver regulatory objectives. Our consultants can partner with you to define your appetite for overall risk and balance any conflicting objectives (e.g. encouraging competition and new entrants while protecting against firms who engage in poor behavior or business practices).

We can work with you to clarify and define the remit of all parts of your organization to ensure that there is adequate focus on core activities, and resources are allocated appropriately to focus on priority areas while maintaining an appropriate level of oversight across the board.

Where investment is needed, we can help you build compelling business cases, even when the benefits are intangible and hard to quantify. We have a proven approach that links regulatory activity to outcomes, which helps to prioritize the most impactful activities.

Consulting help to improve regulatory processes and tools

Our consultants can partner with you to improve how you regulate firms within your scope. We can provide consulting help to improve both regulatory and business processes, such as how you authorize new market entrants, apply penalty measures, and ensure all your regulatory tools and systems are fit for purpose and working as intended.

This includes leveraging the right IT, digital and data technologies. Regulators often have a wealth of data available to them but may not have the capability to exploit it fully. Our consultants can help you with digital transformation, embedding insight-driven decision-making to ensure you focus resources on the right areas.

If your perimeter is expanding, such as when new regulatory rules are introduced or when a new type of firm enters your scope, we can help establish if and how you need to change your operations.

Consulting help on organizational effectiveness

We are experts in improving organizational effectiveness, and can help regulators to design and implement the right operating model, or reshape the organization, to enable them to better achieve their objectives. Key outcomes would include greater efficiency, less bureaucracy and siloed ways of working, improved governance, and better planning and prioritization.

Cross-sector transformation specialists who partner with you

As experienced transformation specialists, we’re experts in the specific areas where regulators are most likely to need help, such as overall strategy, target operating model, process improvement, organization design, IT strategy and delivery, and data strategy and analytics.

We have experience across the full regulatory lifecycle, from policy setting to supervision to enforcement. Our cross-sector experience also enables us to apply lessons learned from the private sector, allowing us to bring you a fresh perspective and creative solutions. We don’t bring pre-set methodologies or tools but instead work together with you to tailor our approach to the unique needs of your organization.

By deploying small teams to work in key client-side roles, we always remain focused on the client’s outcomes and partner together to build a trusted relationship.

Client often ask us...

1

How can we better meet our regulatory objectives?

2

How can we more effectively regulate the firms within our jurisdiction?

3

What is our risk appetite and how do we ensure we focus on our priorities?

4

Are we allocating our resources appropriately to fulfil our regulatory remit?

5

How should we structure ourselves to ensure we are as efficient as possible?

6

Do we have the right IT strategy in place to help us meet our regulatory objectives?

7

What advances in new digital and data technologies can help us maximise our regulatory impact? 

8

How can we build a compelling investment case when benefits are intangible or unquantifiable?