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FightingFinancial Crime
Deloitte Codex
To close the gap between today’s financial crime challenges and tomorrow’s opportunities, we have a burning ambition to make an impact that matters – for our clients, our people and in society.
A single-source of truth with over 950 Obligation Sources from 20 jurisdictions
The Deloitte APAC Financial Crime Network helps clients predict, detect and respond to global crises, controversies, and transactions, advising them on strategies to mitigate the disruption that naturally occurs when facing these complex matters.
Utilising our specialisd forensic skills, investigative toolsets, and analytics, we can help uncover suspicious discrepancies, transforming data into the insight clients need to resolve difficult problems and strengthen compliance and risk programmes:
• Financial Crime Advisory• Financial Crime Analytics• Investigations• Discovery• Disputes International Arbitration
D ELO ITTE ACCOLADES
Deloitte Ranked #1 By Kennedy In Global Forensics And Dispute Advisory Services.Deloitte Named A Leader By Gartner In Business Analytics Services.
A Digital Financial Crime Obligations Register
• A single register that provides a comprehensive and up-to-date list of Obligations across multiple sources primarily compiled from jurisdictional requirements, regulatory bodies, associations, guidelines, principles, and reports.
• It is maintained and monitored to capture market developments to ensure relevance of content.
UND ERL Y ING OBLIGATIONS• Codex as a centralised digital service
processes Obligations with a systematic tagging system based on Financial Crime themes i.e. AML, Sanctions and sub-themes such as Customer Due Diligence, sanctions compliance programme etc.
• As Obligations are tagged, Deloitte financial crime practitioners review, compile and summarise guidelines into manageable Consolidated Obligations to allow for quick application and action.
CONSOLIDATED OBLIGATIONS• With Bookmarks, Codex allows users to organise
Obligations within private folders for greater accessibility and future reference. It also includes the option of social bookmarking, where users can add and share Obligations within public folders that leads to shared clusters of information within networks.
• Codex provides notifications to help users become aware of new updates to stay ahead of market developments and shifts.
BO O KMARKS AND NO TIF IC ATIONS
Deloitte Codex is designed to be a “World of Insight” based on our understanding of the risks and complexities of Financial Crime. It is a flexible and scalable register that can be tailored to fit specific client environments and business needs.
CONT ACT US
Tim PhillippsPartner, APAC Financial Crime Network Leader, SEA Forensic and Analytics Leader [email protected]
Oo Yang PingDirector, APAC Financial Crime Network Solutions and Operations, and SEA Forensic [email protected]
VALUE DRIVERS
Access up-to-date financial crime
obligations anywhere, anytime
Snapshot of Consolidated
Obligations to make fast and smarter
decisions
Policy and procedure Reviews (Gap and Risk
Assessments)
Scalable across the globe with multiple
sources to expand line of sight and intelligence
Future state Target Operating Models
Confidence and adherence to
regulatory expectations and
scrutiny
This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the “Deloitte Network”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on this communication.
As used in this document, “Deloitte” means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte USA LLP, Deloitte LLP and their respective subsidiaries.Certain services may not be available to attest clients under the rules and regulations of public accounting. Copyright © 2018 Deloitte Development LLC. All rights reserved.
