Compliance Program Development Services
InnReg develops and enhances compliance programs for fintechs and financial services firms. We define responsibilities, draft policies, design controls and workflows, and support implementation around your products, customers, systems, and regulatory requirements.
Since 2013
100+ fintechs supported
SOC 2® Type 2 Report
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The Basics
When Your Compliance Program Needs to Be Built or Reworked
Compliance program development supports firms preparing to launch and established businesses whose policies, controls, or operating processes need substantial revision. InnReg helps develop or enhance the program around the firm’s regulatory obligations and actual activities, including changes to products, markets, partnerships, technology, or organizational structure, as well as gaps identified through examinations, assessments, or internal reviews.
Preparing a compliance program before launch
Adding products, markets, or partnerships that require new controls
Reworking incomplete, outdated, or disconnected policies and procedures
Implementing program improvements identified through an examination, assessment, or internal review
The Basics
What InnReg Develops
InnReg structures each development engagement around the firm’s business model, regulatory status, products, customers, jurisdictions, and operating arrangements. We review existing policies, procedures, and supporting materials to determine what needs to be revised and which additional components are required. The work connects written documentation with defined responsibilities, operating controls, and implementation needs. Depending on the agreed scope, the engagement can include:
Program Governance and Responsibilities
We define compliance ownership, reporting lines, escalation paths, and the compliance calendar. We also design the framework for risk assessment, monitoring, testing, issue management, and remediation, so the program identifies who performs each activity and how issues reach the appropriate decision-makers.
Policies and Procedures
We develop or revise compliance manuals, written supervisory procedures, and supporting policies. Depending on your activities, these can address conflicts, employee compliance, AML, marketing, complaints, records, privacy, cybersecurity, business continuity, and vendor oversight. Existing materials are reviewed against the program your business needs.
Controls and Operating Workflows
We translate requirements into customer-facing and internal processes, including onboarding, disclosures, reviews, approvals, and recordkeeping. The work can address brokerage supervision, advisory fees and investment processes, or lending and servicing controls. Responsibilities and supporting records are connected to the relevant procedures.
Technology and Implementation Support
We advise on compliance systems, vendor selection, organizational design, and staffing needs. We review relevant customer journeys and operational workflows, support implementation of the agreed policies and controls, and coordinate outstanding decisions with your team. Technical configuration and other specialist work are defined in the engagement scope.
The resulting program can include written policies, responsibility assignments, workflow documentation, a compliance calendar, and implementation action items tailored to the agreed scope.
Our Scope
How the Engagement Works
01
Define the Scope
We review your business model, regulatory status, existing materials, systems, and priorities with the relevant stakeholders.
02
Develop the Program
We draft or revise the agreed policies, responsibilities, controls, and workflows, incorporating input from management and relevant specialists.
03
Support Implementation
We work through operating dependencies, review relevant workflows, and support your team as the agreed program components are put into use.
04
Complete the Project
We review the deliverables, document remaining implementation items and responsibilities, and coordinate the transition into ongoing compliance work.
Our Team
Meet the Team Supporting Compliance Program Development
Why InnReg
Why Work With InnReg on Compliance Program Development?
Experience Across Financial Services
InnReg has supported financial services firms since 2013, including broker-dealers, investment advisers, lenders, payments companies, and other fintech businesses. Our work across registration, program development, and ongoing compliance informs how we design programs for different regulatory requirements and operating models.
Program Design Grounded in Your Business
A compliance program needs to reflect the activities it governs. InnReg develops the scope around your products, customers, revenue model, jurisdictions, personnel, and operating arrangements. We review existing materials and identify the policies, controls, and responsibilities that need to be developed or revised.
Policies Connected to Operating Workflows
Written procedures need to explain how compliance activities are performed. InnReg connects policies with customer journeys, internal reviews, approvals, escalation paths, and supporting records. This gives the people responsible for operating the program a documented process to follow and a clear allocation of responsibilities.
Technology Considered in the Program Design
Compliance processes depend on the systems and providers supporting them. InnReg reviews relevant technology, advises on compliance tools and vendor selection, and considers how workflows interact with your platform. The program is developed with attention to system capabilities, information flows, and implementation dependencies.
Structured Coordination Across the Project
Program development requires input from management, compliance, product, operations, counsel, and service providers. A dedicated InnReg project lead coordinates requests, decisions, and open items, with relevant specialists involved as needed. This approach helps keep the documentation and implementation work aligned as the project develops.
Support Through Implementation
InnReg’s work includes support for putting the agreed program components into use. We help address implementation questions, refine procedures and workflows, coordinate outstanding dependencies, and document remaining actions. The completed development work provides a foundation for the team responsible for ongoing compliance.
FAQ
Compliance Program Development FAQs
Can InnReg work with policies and procedures we already have?
Is program development included in licensing or registration support?
Does this engagement include ongoing management or an outsourced CCO?
How long does compliance program development take?
Contact Us
Let's Discuss Your Compliance Program Development Needs
Building a new compliance program or adapting an existing one to significant business changes? Submit the form to schedule a free consultation. We’ll discuss your business model, existing policies and controls, and implementation needs to identify how InnReg can support your program’s development.
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