Objective Oversight vs. Daily Operations

Safeguard your firm and meet MAS regulatory requirements through independent internal compliance audits, risk evaluations and regulatory gap assessments.

Good corporate governance requires independence from day-to-day operations. Alder provides independent compliance audits that evaluate your internal controls against current MAS expectations and regulatory benchmarks such as the MAS Risk Management Guidelines. We give your leadership a clear, unbiased view of your framework, so operational blind spots are identified before regulators find them.

Alder compliance auditor reviewing internal controls and documents for an independent MAS regulatory gap assessment

Discuss Your Compliance Audit Requirements

Contact our advisory team to arrange a confidential framework review or an annual internal audit.

Contact Our Team

Who Requires Independent Compliance Auditing?

We deliver targeted compliance evaluations for licensed and registered entities in Singapore navigating complex regulatory conditions.

  • Fund Management Companies Independent reviews for A/I LFMCs, Retail LFMCs and VCFMs to assess the effectiveness of their internal controls.
  • Payment Service Providers Annual internal audit reviews ensuring compliance for Major Payment Institutions (MPIs) and Standard Payment Institutions (SPIs).
  • Corporate Investors & VCs Pre-investment and portfolio compliance reviews to safeguard deployed capital.
  • Licensed Financial Intermediaries Comprehensive evaluations for firms subject to MAS statutory and operational requirements.

Targeted Compliance Audit & Gap Analysis Solutions

Alder provides independent internal audit and gap analysis services, assessing your regulatory compliance, risk management framework and operational controls against applicable MAS requirements and industry standards.

  • Regulatory Requirements

    Licensing & Compliance

    Review of compliance with applicable MAS regulatory requirements, including licensing conditions, regulatory filings, AML/CFT and KYC controls, policies and procedures, and ongoing compliance obligations.

  • Risk Management

    Risk & Governance

    Assessment of the risk management framework, including governance and oversight, risk identification and monitoring, conflicts of interest, outsourcing arrangements and key regulatory risks.

  • Business Operations

    Operational Controls

    Review of key operational processes and internal controls, including segregation of duties, record keeping, trade and transaction controls, business continuity and implementation of documented procedures.

Alder's Structured Audit Methodology

We apply a systematic, evidence-based approach to identify control deficiencies and give management clear, prioritised actions.

  1. 01

    Scope Definition

    We define the audit criteria based on your business activities, licensing scope and the corresponding MAS expectations.

  2. 02

    Control Testing

    Our specialists review records and operational workflows to test how effectively your internal controls work in practice.

  3. 03

    Gap Reporting

    We issue a formal report detailing our findings, control gaps and identified regulatory weaknesses.

  4. 04

    Remediation Strategy

    We provide prioritised recommendations and a clear plan for responding to audit findings and closing compliance gaps.

Complementary Corporate Governance & Regulatory Services

An audit is only the first step. Following an independent assessment or gap analysis, Alder can provide ongoing compliance support across your core compliance areas to help maintain your regulatory standing.

Additional Support Areas

Frequently Asked Questions

Yes. MAS expects reviewers to be competent and independent of the work reviewed; outsourcing is allowed, and the board stays responsible. Where Alder is your outsourced Compliance Officer, the internal audit can be performed by Alder’s sister company through a separate audit team, maintaining appropriate independence from the compliance function being reviewed. 

You will receive a comprehensive evaluation report detailing all technical findings, identified structural gaps, and regulatory vulnerabilities. Because identifying an issue is only half the solution, Alder also supplies prioritized action parameters and formulates clear audit findings response strategies, equipping your management team with a precise roadmap to resolve any compliance deficiencies.

We utilize a highly systematic, evidence-based audit methodology designed for minimal operational friction.

We identify gaps and recommend fixes. Each finding comes with a severity rating, a suggested timeline and a responsible person agreed with your management, who carries out the remediation. If you need support after the audit, our ongoing compliance services can help you put the fixes in place and keep them on track.