• • Risks & Controls

Governance, controls and risk management Dealing with the most complex rules

Risks & Controls

Governance structures design (including groups)

  • Organisational-management check-up and design of organisational structures with definition of roles, responsibilities and delegations, job descriptions
  • Design and implementation of Internal Audit and Financial Planning and Analysis Systems
  • Support in the definition of the organisational structure and procedures aimed at obtaining certain authorisations, such as Bank of Italy permits.

Development of internal control and risk management systems

  • Mapping of business processes to identify risks and internal controls aimed at mitigating them
  • Assessment of existing internal control and risk management systems
  • Definition of the strategy for optimising internal control and risk management systems and identification of related operational solutions
  • Support to the corporate functions in charge of internal control and risk management, aimed at improving processes and developing internal competencies
  • Preparation and improvement of company operating procedures
  • Verification of compliance of behaviour with company operating procedures

Design of organisational models ex Legislative Decree 231/01

  • Support in identifying the main risk areas (mapping)
  • Support in the model  preparation and implementation
  • Preparation of operational procedures to support business processes
  • Definition of the information flow and relationship system regarding the Supervisory Board
  • Training on Legislative Decree 231/2001 matters
  • Technical secretariat activities of the Supervisory Board

Outsourcing and Cosourcing of Control Activities

  • Internal audit and control functions under financial regulations
  • Compliance under Law 262/2005
  • Audits of compliance of company procedures and/or conduct with specific laws or regulations
  • Process mapping and reengineering with the objective of improving cost-effectiveness (effectiveness and efficiency), i.e. achieving strategic business objectives
  • Study and evaluation of the internal control and management control system

Main projects and recent undertakings

  • Definition of organizational structures and support  to obtain the mandatory authorizations (SICAF / financial sector)
  • ERM systems development under the  Italian Stock Market Self-Regulation Code (sectors: airport, retail, food & beverage)
  • Design of organizational models under Legislative Decree 231/2001 (areas: consulting, media, pharmaceutical, industrial)
  • Internal audit function outsourcing  (sectors: financial, lighting/design, ICT)
  • Methodological and operational support to the compliance function under Law 262/2005 (retail sector)

Areas of expertise

Valuations & Deals

Technical support and advisory to management team and owners in the context of different phases  of extraordinary operations (acquisitions, contributions, mergers, spin-offs, etc.), with a special focus on valuation and deal structuring. 

Risks & Controls

Governance structures design (groups included), Enterprise Risk Management (ERM) systems development, engineering of organisational models ex Legislative Decree 231/2001, control functions outsourcing.

Litigations & Disputes

Extrajudicial assistance on corporate and patrimonial litigations, technical support and definition of the strategic guidelines within civil and penal arbitrations and disputes, tax litigation, investigations aimed to identify frauds and abuses.

Accounting & Business plans

Consulting, valuations and opinions on both separate and consolidated financial statements (IFRS-IAS and OIC), financial information and disclosure,  business plan preparation assistance (seeds, start-up, scale-up, turnaround), auditing, financial planning and analysis.

Crisis Management

Technical support, management and advisory in pre-crisis and crisis circumstances, voluntary liquidations, bankruptcy procedures (with a focus on  procedures under Banca d’Italia supervision), attestations.

Governance & Control Bodies

Appointments in governance and control bodies, such as: Board of Directors and similar, Board of Statutory Auditors and similar, Organismo di Vigilanza ex Legislative Decree 231/2001.