Expertise

Risk

As an organisation, it is essential for you to identify, manage and control any risks you are exposed to. This helps you maintain your reputation, trust and continuity. HFN has extensive experience in guiding and implementing various projects. We distinguish three sub-areas of Risk: Financial, Operational and Regulatory.

• Financial risk
  Managing financial risks is an ongoing process. New laws and regulations and continued focus on adequate financial risk management make this increasingly complex. It is important to continuously focus attention on adequate financial risk management and thoroughly embed the risk function within the organisation. HFN Finance Professionals can be deployed on projects related to controlling financial risks.
• Operational risk
  Several HFN professionals have experience in identifying and controlling risks in operational aspects of business in the broadest sense. This includes areas such as fraud, non-compliance with laws and regulations, failing IT systems, or external factors such as technological developments.
• Regulatory risk
  Regulations are constantly changing, and the influx of new laws is a given. Members of the HFN network support clients in responding to such developments. The assignments vary, ranging from designing processes and implementing systems to shaping and evaluating control tools. This serves to promote integrity and ongoing compliance with (new) laws and regulations.

Finance

Strong financial management is essential for every organisation. Financial and strategic agility is crucial. This requires control of financial processes and a clear vision of governance. Specialised financial knowledge is necessary within every organisation to meet increasing requirements and to maintain efficiency. HFN professionals have the expertise required to solve complex financial issues.

Regulatory reporting

Changing regulations are a constant factor in the financial sector. The application of regulations by both European and Dutch regulators requires specialist knowledge. HFN collaborates with major accounting firms to successfully complete such projects. This can be based on providing professionals and/or on managing the entire process from training, selection, onboarding and continuity to completion.

HFN professionals often have a background in the Big Four and are familiar with the culture and practices of clients. They can be quickly deployed to work together with your team.

Compliance

• KYC/ CDD/ AML
• Benchmark Regulation
• ESG stands for Environmental, Social & Governance. ESG involves considering factors such as energy consumption, climate, resource availability, health, safety, and good corporate governance when selecting and managing investments in companies. ESG aims to strike a balance between financial and economic results, transparency, social interests, and the environment without losing sight of the overall balance. Contrary to common belief, this balance leads to better outcomes for both the company and society. There is broad consensus that ESG objectives ultimately add value for portfolio companies, both in terms of risk reduction and value creation. The professionals in the HFN network can support you in this field.

Specials

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  In September 2023, HFN is organising a congress ESG for Financials -Leveraging ESG.

The IBOR transition has far-reaching implications for every corporate, financial institution and treasury department. HFN has provided various certified professional education courses in the field of IBOR. Additionally, experts from EY, Rabobank and Stibbe spoke at HFN’s annual congress about the implications and preparations for the transition. Former Minister of Finance and former Euro Group Chair Mr Jeroen Dijsselbloem discussed why the transition is necessary. Visit www.hfncongres.nl for a retrospective view.