Board Advisory Services
Supporting boards and senior leaders with governance effectiveness, oversight, risk management and independent challenge to improve decision-making and organisational confidence.
KYC & Onboarding
Helping organisations improve customer onboarding processes, strengthen due diligence procedures and balance regulatory compliance with operational efficiency and customer experience.
Strengthening Regulatory Compliance
Delivering targeted remediation programmes that address regulatory concerns, improve data quality and strengthen compliance frameworks while minimising operational disruption.
Insolvency and restructuring
Restoring stability and protecting value
Financial difficulty can arise suddenly or build over time. Our first goal is always to restore businesses to health and avoid formal insolvency where possible. We identify root causes, design turnaround plans, and implement measures that stabilise cashflow, restructure operations and reposition the business for recovery.
When insolvency cannot be avoided, we guide businesses, investors, and creditors through the process with professionalism and sensitivity. Our team works closely with insolvency practitioners in the wider BDO network, ensuring access to the right expertise whether in Jersey, Guernsey or internationally.
Internal audit that drives assurance and improvement
An effective internal audit function does more than tick boxes. It provides assurance to boards and audit committees, while also delivering insights that improve processes, strengthen controls and support long-term goals.
At BDO Channel Islands, our Internal Audit and GRC (Governance, Risk & Compliance) services are designed to give you both - independent assurance and practical recommendations that add value across the organisation.
Assurance for boards and stakeholders
Boards, audit committees, and non-executive directors carry increasing responsibilities under codes such as the UK Corporate Governance Code and the Quoted Companies Alliance (QCA) Code. Even when these do not apply directly, they remain important benchmarks of good practice.
We help Boards meet these expectations by providing assurance over governance, risk management, and internal control. Our work not only satisfies compliance requirements but also gives directors confidence that risks are being addressed and opportunities managed effectively.
Independent assurance your stakeholders can trust
For service providers, strong internal controls are no longer optional - they are expected by customers, regulators, and investors. Demonstrating that your control environment is robust has become a competitive requirement, as well as a regulatory obligation.
At BDO Channel Islands, we provide independent controls assurance that meets international standards and local regulatory expectations. Whether you are seeking an ISAE 3402 or SOC report, preparing for a regulatory review, or responding to client demands for evidence of controls, we deliver assurance that is reliable, recognised and value-adding.
Why controls assurance matters
Controls assurance does more than prove compliance. It demonstrates to clients and counterparties that risks are managed effectively, data is secure, and services are reliable. In competitive sectors such as fund administration, corporate services, and hedge fund management, having credible assurance can differentiate you from your peers and strengthen client confidence.
Internationally recognised standards
Our reports are delivered under the most widely recognised frameworks, including:
- ISAE 3402 – assurance on controls relevant to financial reporting.
- SSAE 18 (SOC 1) – assurance on controls at a service organisation.
- SOC 2 and SOC 3 – assurance on controls relevant to security, availability, confidentiality, processing integrity, and privacy.
- AAF 01/06 – assurance specific to UK-based service providers.
These reports are increasingly requested during procurement processes and by counterparties seeking reassurance of your control environment.
