In some instances an in-house compliance officer will require additional support, Praesidium therefore acts as an extended Compliance department for the in-house functions and provides full support to the in-house compliance officer.
Unlike Outsourced compliance services, the liability rests with the in-house compliance officer.
The Compliance Oversight arrangement provides flexibility to the Client, in terms of how much support as well as frequency of the support.
Interest, via its affiliate entities (Tricor Praesidium network):
• Outsourced Finance officer services;
• Outsourced Company Secretary services;
• Internal Audit;
• Company Formation (Non DIFC Freezones);
• Corporate Service Provider (CSP) to DIFC Special purpose entities