From Insight to Assurance: Completing Your Internal Compliance Review & Engaging External Auditors Effectively - Webinar

Introduction

Failure to conduct adequate internal compliance reviews, or to ensure independence when doing so, is a common cause of regulatory breaches. For example, in 2024, inspections found that 40% of firms visited had weaknesses in their cold-file review process, such as missing review cycles or inadequate coverage of responsible individuals or client types. Where a firm cannot meet internal-review standards (for instance, due to size or lack of suitably independent reviewers), engaging an external reviewer at least once every three years becomes essential.

Against this backdrop, this webinar will advise on the key elements of a Firm's Internal Compliance Review such as ISQM1 Compliance, Firmwide Training, Anti-Money Laundering Compliance, Audit File Reviews and when you need to engage an Independent External Reviewer.

What You Will Learn

This webinar will cover the following:

• Key elements of a Firm’s Internal Compliance Review
• ISQM1 compliance requirements
• Firmwide training obligations
• Anti-money laundering (AML) compliance
• Audit file / cold file review procedures
• How to identify gaps or weaknesses in your internal compliance processes
• When and how to engage an independent external reviewer
• Best practices for documenting and evidencing compliance activities

This pre-recorded webinar will be available to view from Wednesday 11th February 2026

Alternatively, you can gain access to this webinar and 2,100+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.