CAROL compliance and regulatory oversight online arendt regulatory solutions How to make your life easier The ongoing regulatory developments in the financial sector have made the mission of compliance officers increasingly complex. In addition to the regular controls that they have to perform and report on, compliance officers often spend much of their time addressing specific compliance issues or grasping new regulation requirements. Arendt Regulatory Solutions has designed CAROL to make their lives easier. What is CAROL? CAROL stands for “Compliance And Regulatory Oversight onLine”. CAROL is a “software as a service” solution which allows its users to control the compliance of a given regulated entity with the help of an online control plan that fits the entity’s regulatory status. CAROL enables users to keep track of all regulatory requirements applicable to the entity which trigger the need for a periodic control. CAROL provides a real time overview of where the entity stands in the form of a compliance percentage score per compliance topic and as a whole. It also gives its users the opportunity to complete and report on the expected information. The members of Arendt Regulatory Solutions use CAROL when they act as compliance officers. Who needs CAROL? Our primary target clients are Luxembourg-based UCITS management companies, alternative investment fund managers (AIFM), banks and investment firms, who want to approach compliance in a sound, structured and market practice based manner. 1. W eb connectivity & secured access Enter a secure environment Allow access to multiple users Allow different entities to be covered within a financial group 2. What’s new? et direct access to the latest G changes made in the Regulation Mapping or in the control plan displayed in the Workspace 3. Regulation Mapping ccess a list of all published A legislation and circulars which apply to the entity on the basis of its regulatory status he Regulation Mapping is T permanently updated by the Arendt Regulatory Solutions regulation committee and includes direct links to the official texts and available translations 4. Dashboard anage your regulatory M environment by themes and topics easure instantly how you score M on the compliance topics isualise your global compliance V score Call us for a live demo of CAROL! 5. Workspace pdate or complete the selected U topics elect the compliance topics in S the Dashboard you would like to examine in detail etermine the sensitivity of each D requirement (high, medium, low) and the corresponding risk of noncompliance he Workspace provides a T summary description of each requirement that is subject to a periodical compliance control 6. Calendar ork by reference to specific W control deadlines se a sliding 24-month window U showing all controls attributed to a particular user in a given month 7. Library ttach any document to CAROL A that you would like to share and access directly from CAROL These documents may be associated with a set of compliance rules and provide further explanations on how the entity complies with the requirements References to external documents are also possible if the storage of documents on CAROL conflicts with security policies The images published on this page are intended for information purposes only and may be subject to change. Arendt Regulatory Solutions contacts: Odile Renner Chairman of the Management Committee, Principal Email: odile.renner@arendt-ars.com Tel: (352) 26 09 10 77 41 Stéphane Badey Member of the Management Committee Email: stephane.badey@arendt-ars.com Tel: (352) 26 09 10 77 43 Nicolas Deldime Member of the Management Committee Email: nicolas.deldime@arendt-ars.com Tel: (352) 26 09 10 77 44 Dr Michael Daemgen Member of the Management Committee Email: michael.daemgen@arendt-ars.com Tel: (352) 26 09 10 77 45 Catherine Rasseneur Member of the Management Committee Email: catherine.rasseneur@arendt-ars.com Tel: (352) 26 09 10 77 42 About Arendt Regulatory Solutions Arendt Regulatory Solutions is a Luxembourg specialist advisory company composed of professionals from various horizons, with a strong background in consultancy and industry. Arendt Regulatory Solutions proposes regulatory advice and assistance to professionals in the fund and asset management sectors. Arendt Regulatory Solutions S.A. Bâtiment C2, President Park, 4th floor 8 rue Albert Borschette L-1246 Luxembourg Tel: (352) 26 09 10 1 Fax: (352) 26 09 10 77 50 www.arendt-ars.com Luxembourg Trade and Companies Register: B175516 - Business Licence no. 10034066 - VAT no. LU25991434 © Copyright Arendt Regulatory Solutions S.A. 2013 09/2013