Expertise

Risk

As an organization, it is essential for you to to identify, manage, and control any risks you encounter. This helps you maintain your reputation, trust, and continuity. HFN has extensive experience in guiding and executing 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 it increasingly complex. It is important to maintain attention to adequate financial risk management and embed the risk function well within the organization. The Finance Professionals at HFN can be deployed on projects related to the control of financial risks.
• Operational risk
  Several members of HFN 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
  Regulatory laws and regulations are constantly changing, and the influx of new laws is a given. Members of the HFN network support clients in responding to these developments. The assignments vary, ranging from designing processes and implementing systems to shaping and evaluating control tools. This is done to promote integrity and comply with (new) laws and regulations.

Finance

Strong financial management is essential for every organization. It is crucial to be financially and strategically agile. This requires control over financial processes and a clear vision of governance. Specialized financial knowledge is necessary within every organization to meet increasing requirements and maintain efficiency. The professionals at HFN 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 specialized knowledge. HFN collaborates with major accounting firms to successfully complete these projects. This can be done by providing professionals, as well as by managing the entire process from training, selection, onboarding, continuity, to completion.

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

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 equilibrium. Contrary to common belief, this balance leads to better outcomes for both the company and society. There is broad consensus that ESG objectives ultimately create added value for portfolio companies, both in terms of risk reduction and value creation. The professionals from the HFN network can support you in this field.

Specials

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  In september 2023, HFN is organizing a congress ESG for Finacials -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 the HFN annual congress about the implications and preparations for the transition. Former Minister of Finance and former President of the Eurogroup, Jeroen Dijsselbloem, discussed why the transition is necessary. Visit www.hfncongres.nl for a retrospective view.