17a5 Reg Reporting Controls Framework

Requirements

17A-5 is a financial reporting form that all broker-dealers who are registered with the U.S. (SEC) must complete which requires an annual audit by the regulators

Solution

Update test process and other relevant documentation to capture changes to the 17a5 controls framework

Coordinate and document all aspects of management reporting related to 17a5 reporting including Steering Committees and Working Groups

Manage quarterly attestation/certification process

Assist management with preparing assessment of the quality of the 17a5 controls framework

Collaborate with key stakeholders to ensure applicable control frameworks sufficiently mitigate risks

Implement additional testing framework to capture new procedures specific to changes in haircut calculations for Investment Grade Credit, ABS and RMBS BMOCMC proprietary holdings

Business Advantage

For the last three years the 17a5 process has passed the annual audit without exceptions

17a5 Reg Reporting Controls Framework

17a5 Reg Reporting Controls Framework

Requirements

Solution

Update test process and other relevant documentation to capture changes to the 17a5 controls framework

Coordinate and document all aspects of management reporting related to 17a5 reporting including Steering Committees and Working Groups

Manage quarterly attestation/certification process

Assist management with preparing assessment of the quality of the 17a5 controls framework

Collaborate with key stakeholders to ensure applicable control frameworks sufficiently mitigate risks

Implement additional testing framework to capture new procedures specific to changes in haircut calculations for Investment Grade Credit, ABS and RMBS BMOCMC proprietary holdings

Business Advantage

For the last three years the 17a5 process has passed the annual audit without exceptions

OATS and EBS Reg Reporting Remediation