Regulatory Cost Accounting (Group Entities)
Region: EMEA (Middle East)
Context
Related entities needed continuous support for accounting separation and regulatory statement production amid evolving requirements; lacked timely updates and clarity.
Approach
Provided ongoing advisory and operational support: set up/maintained accounting separation models; updated allocations as business structure evolved; ensured timely regulatory statement production; liaised with regulator to clarify methodologies; incorporated periodic reviews aligning with new guidelines.
Success story
Maintained consistent compliance with accounting separation obligations; reduced non-compliance risk via proactive updates; supported client using regulatory outputs for strategic decisions (e.g., tariff proposals, investment planning).