HACA PARTNERS
Audit & Governance
Services
Governance forms the backbone of any entity. Here is HACA Partners devolving its energy and its competencies
from the design of state of the art and tailored governance model to the assistance in developing and performing the 3 key control functions:
INTERNAL AUDIT
We strive for Pragmatic Audit & Pragmatic Insights
Regulatory & Compliance
We steer you towards Regulation in Motion
Risk Management
Risk is exciting we help management control it
Together with these core services we have developed competencies that we put at your disposal
in a broader range: navigate and discover
Board of directors
DIRECTORSHIP MANDATE
HACA Partners proposes non-executive independent Director mandates to accompany the development of your Company and to help you enhance its governance. We support its proper execution during your Annual General meeting, Board of Directors and Executive Committees using our local expertise and our technical knowledge.
CORPORATE GOVERNANCE
HACA Partners assists your Company developing a sound corporate governance design and efficient governance implementation. Among other servicies, we accompany you in the drafting of dedicated set of procedures reflecting the governance of your company.
EXECUTIVE MANAGEMENT
EXECUTIVE MANAGEMENT
HACA Partners assists the Executive Management for an effective,
sound and prudent day-to-day business management.
Our services include:
- • Fiduciary services : bookkeeping, domiciliation, tax declaration, corporate secretary...
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• Implementation of internal written policies and procedures to respect all strategies
and guiding principles laid down by the Board of Directors - • Preparation of an internal code of conduct
- • Assistance to prepare action plan remediating to regulator's observations, internal and external auditors recommendation points
2nd line of defence
RISK MANAGEMENT
RISK MANAGEMENT
Based on specificities of your organization and business model, HACA Partners have a critical look into
your procedures and processes and provide you tailored solutions to manage your risks:
- • Support in setting up effective risk management policy and processes
- • Appraisal of risk management processes
- • Development of risk mitigation strategies and operations
- • Review of specific risks
COMPLIANCE
COMPLIANCE
Our team of experienced professionals will help you master the AML/CFT/KYC, MiFID and many other regulatory challenges your entity might be facing :
- • Help clients set sound Know Your Customer procedures and practices through a risk-based approach that goes far beyond ID documents
- • Assess KYC controls in place : name screening, determination of customer's risk, challenging customer's behavior through monitoring of transactions
- • Ensure the completeness and the effectiveness of existing compliance policy and procedures
- • Identify, verify, and even prevent breaches of regulatory requirements
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• Provide advice on design of the compliance function and, when appropriate, assist with the design
and implementation of specific reporting systems, process requirements, compliance programs and trainings - • Keep track of regulatory developments and avoid last minute rush towards compliance
- • Take a proactive approach to compliance by supporting your new businesses/new products/new services initiatives and their regulatory impacts
FINANCE & ACCOUNTING
FINANCE & ACCOUNTING
Our professionals are up-to-date with the latest developments
in the Luxembourg and International accounting standards.
Our services include:
- • Assistance in the preparation of annual accounts (Lux GAAP and IFRS)
- • Support in the preparation of periodic or annual reporting packages for international group of companies
- • Assistance in the reconciliations between Lux GAAP and IFRS
- • Opinion on specific accounting matters
- • Assistance during the closing periods
3rd line of defence
INTERNAL AUDIT
INTERNAL AUDIT
-
Engagement
scope -
Risk
model -
Audit
plan -
Audit
program -
Audit testing
& workpapers -
Reports
& insights
01 - ENGAGEMENT SCOPE
During the planning portion of the audit, we notify the client,
discuss the scope and objectives of the examination
in a formal meeting with the management.
02 - RISK MODEL
The development of the audit universe and risk model
is the foundation of the internal audit strategic plan, ensuring
an effective risk-based internal audit.
03 - AUDIT PLAN
Based on the preliminary risk assessment, we develop
a comprehensive internal audit plan.
The internal audit strategic plan that we establish will be presented,
discussed and approved by Management and the Board of Directors.
04 - AUDIT PROGRAM
The audit programs constitute our written plan of inspection, observation, confirmation, and inquiry that details the steps to gather the evidential matter required by auditing standards.
05 - AUDIT TESTING & WORKPAPERS
As internal auditors, we must document our activity. The most important objective of documentation is to provide a record of information that supports the information presented in the final internal audit report.
06 - REPORTS & INSIGHTS
The audit report is the key deliverable of the internal audit. It reflects the quality of the audit work performed and the judgment and integrity of the role of audit in the organization. The internal audit report content will include an executive summary, our audit conclusion, our observations, the identified causes, related impacts/risks, recommendations and proposals for corrective actions, management responses and deadlines.
EXTERNAL AUDIT
EXTERNAL AUDIT
HACA Partners provides skilled and experienced audit experts that will deliver high quality contractual audits and assists in the delivery of your external audits as a co-sourcing partnership
- • Perform contractual audits as a "Réviseur d'Entreprises"
- • Act as "Commissaire aux comptes"
- • Carry out all audit engagements exclusive of REA assignments (as per 2009 Law)
- • Integrate audit teams and perform external audits as co-sourcing partnership according to Audit Firms's standards (ISA & PCAOB compliant methodologies)
LUXEMBOURG REGULATORY AUTHORITIES (CSSF)
LUXEMBOURG REGULATORY AUTHORITIES (CSSF)
Application file to the Regulator (Commission de Surveillance du Secteur Financier – CSSF)
Our experts provide you with all the support you need during each step of your application process in order
to ease the application process towards the CSSF approval.
Values
- H Humility
- A Availability
- C Competencies
- A Accountability
When two enthusiastic entrepreneurs meet and combine
their experiences and knowledge with one goal in mind:
bring all their energy serving humbly and thoroughly
clients looking for agile partneships-alike cooperation.
About us
-
Said HADJI Partner
Member of IIA, ALCO and ALRIM, Saïd built a robust experience
Mob. +352 691 176 271 shadji@hacapartners.lu
in auditing and advising clients for a « big four » Company in Luxembourg.
Saïd has 10 years of professional career serving the Financial Services Industry players
in Luxembourg, mainly Banks, PSF and Management Companies.
Saïd also had the opportunity to practice Internal Audit function
in a high ranked Private Bank in Luxembourg.
His range of expertise includes regulatory compliance,
financial auditing and internal control systems. -
Cyril CAYEZ Partner
Member of the IIA, ALCO and ALRIM, Cyril has been serving
Mob. +352 621 174 164 ccayez@hacapartners.lu
the Financial Services Industry for more than 15 years of
which 11 in Luxembourg (Banks, PSF, Management Companies,
UCITS and Alternative Funds).
Cyril is a Réviseur d’Entreprises in Luxembourg since 2010
and gained international experience in Singapore and
France.
On top of his background as external audit and advisory Partner,
Cyril brings actual experience from Internal Auditor, Risk Manager
and Compliance Officer positions.
Contact
HACA Partners - Cabinet de révision
Société à résponsabilité limitée
75, route de Luxembourg - L-7240 Bereldange
Grand Duchy of Luxembourg
R.C.S Luxembourg B 204968
Capital - 12.500 EUR