Risk Governance Frameworks Australia | risk and compliance consulting

Experienced Compliance Support Without Building an Internal Team.

Managing compliance and risk effectively requires specialist expertise, ongoing oversight and the ability to respond to evolving regulatory requirements. For many organisations, maintaining this capability internally can be costly and difficult to scale.

CRS provides outsourced risk and compliance support that strengthens governance, improves visibility and provides confidence that regulatory obligations are being effectively managed.

The Challenge

As organisations grow, compliance obligations become more complex.

Registers become difficult to maintain, reporting obligations increase and critical compliance activities can be overlooked. Without dedicated expertise and structured oversight, risks can emerge before they are identified or escalated.

Are you a Bank, Insurer, large financial entity or superannuation Trustee?

Grounded in applicable APRA prudential standards and guidance, including SPS 220 and CPS 220, we help organisations build practical risk frameworks that connect strategy, governance and risk management to support long-term performance.

How We Help

Outsourced Compliance Services

We act as an extension of your business, providing experienced compliance professionals to support day-to-day obligations, governance activities and reporting requirements.

Risk Management & Risk Appetite Alignment

We help organisations align risk appetite, strategic objectives and operational controls to create a practical and sustainable risk management framework. This includes dynamic risk registers, visual risk matrices, automated assessments and integrated tracking of breaches, incidents and exceptions.

Compliance Monitoring & Assurance

Our team conducts ongoing monitoring activities and assurance programs to assess control effectiveness and identify emerging risks before they become significant issues.

Governance & Compliance Administration

We establish and maintain key compliance registers, reporting frameworks and governance processes that support effective oversight and accountability.

Board & Management Reporting

We provide meaningful reporting and insights that help leadership teams understand compliance performance, emerging risks and areas requiring attention.
— THE INTEGRATED WORKFLOW

From obligation to evidence; one connected flow.

01. Foundation
STEP 01

Risks

Map organisational risks across strategy, operations and regulatory exposure.

STEP 01

Obligations

Identify legal and regulatory obligations attached to each entity, product line and licence.

02. Mitigation
STEP 02

Controls

Implement functional controls, apply risk mitigators and record proof of control execution.

03. Execution
STEP 03

Execute Assessments

Evaluate control effectiveness, with issues branching directly into incident management.

STEP 03

Manage Incidents

Feed assessment findings and breach data into a central incident repository.

STEP 03

Capture Complaints

Feed internal and external complaints into the same governed repository.

04. Consolidation
STEP 04

Consolidate via Registers

Assessment data, incidents and complaints flow into a single central repository for issue management.

05. Strategic Outputs
Step 05

Strategic Alerts

Interrogate the data to trigger alerts and notify owners of threshold breaches.

Step 05

Policies & Procedures

Distribute strategic outputs and update policies in line with new exposures.

OUTPUTS · REPORTS

Custom Reporting

Generate tailored reports for the Board, regulators and stakeholders from a single source of truth.

Feedback loop: Strategic outputs feed back into risks, obligations and controls - keeping the framework live.

Continuous improvement

Why CRS

A culture of accountability, not obligation tracking.

01

Structured processes

We help organisations embed continuous improvement rather than simply recording obligations, with experienced practitioners supporting an ongoing governance and compliance cadence.

02

Technology-enabled oversight

Registers, assessments, alerts and reporting are held in one auditable environment, giving Boards evidence-based assurance and clear visibility across governance, risk and compliance.

FAQs

Frequently Asked Questions

Outsourced risk and compliance services are commonly used by financial services businesses, AFSL holders, fund managers, insurers, superannuation trustees and other regulated entities. They are also used by growing organisations that require experienced compliance oversight but do not yet have a dedicated internal compliance function.

Traditional risk and compliance consulting is often project-based and advisory in nature. Outsourced compliance provides ongoing operational support, meaning CRS can act as an extension of your business to manage day-to-day risk and compliance obligations, reporting requirements and governance processes.

CRS supports APRA-regulated organisations by designing and embedding risk frameworks aligned with applicable APRA prudential standards, including CPS 220 and SPS 220. This includes aligning risk appetite with strategic objectives, strengthening risk governance structures and supporting Board-level reporting and oversight.

Yes. CRS can establish, maintain and manage a wide range of compliance and governance registers, including breaches, incidents, complaints, conflicts of interest, gifts and benefits, supplier management, Responsible Manager registers and business continuity registers.

We support a wide range of compliance and governance registers, including breaches and incidents, complaints, conflicts of interest, gifts and benefits, Responsible Managers, supplier management and business continuity.

For a more comprehensive range of registers and configurable workflows, visit the CRS Certus website.

Yes. We provide ongoing support ranging from targeted compliance assistance through to a fully outsourced risk and compliance function, tailored to your organisation’s requirements.

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Build a Stronger Compliance Function

Speak with our team about outsourced risk, compliance and assurance services tailored to your organisation.