25 years
of experience
We have obtained
20+ Awards
Time in Mexico

RISK MANAGEMENT

At bgbg, effective comprehensive risk management is key to regulatory compliance, informed decision-making, and defending our clients’ interests before authorities and third parties. We assist financial institutions and regulated organizations in identifying, quantifying, mitigating, and managing their financial and non-financial risks, using a technical-actuarial approach aligned with the Mexican legal framework.

About the area

We have an in-house team of actuaries specializing in data analysis and risk management who work closely with the firm’s legal departments. This collaboration enables us to provide both qualitative and quantitative technical support in areas such as regulatory compliance, internal controls, structuring of financial transactions, litigation, and preventive risk management.

Our approach combines risk analysis methodologies with in-depth knowledge of the regulatory framework issued by the SHCP and overseen by authorities such as the CNBV, the CNSF, the CONSAR, the Bank of Mexico, and the CONDUSEF, ensuring solutions that address both regulatory requirements and the operational realities of the institution in question.

Clients and industries

We advise insurance and surety companies, reinsurers, credit institutions, brokerage firms, stockbrokers, investment advisors, SOFOMES, investment funds, fintech companies, SOFIPOS, and other companies in regulated sectors or engaged in vulnerable activities, as well as organizations that require specialized quantitative analysis for decision-making, regulatory compliance, or the defense of their interests in administrative or judicial proceedings.

Main Services

Risk Management in the Areas of Money Laundering, Terrorist Financing, and Proceeds of Corruption

We have adopted the Risk-Based Approach (RBA) as our core methodological framework for the prevention of money laundering and terrorist financing. Unlike purely formal compliance frameworks, the RBA requires identifying, analyzing, measuring, and mitigating the specific risks faced by each institution, taking into account customers, products, channels, and geographic areas. We translate this requirement into robust technical tools that are fully defensible before regulatory authorities.

This includes the design and calibration of inherent and residual risk matrices, the assignment of risk weights based on actual data, their integration with other institutional risks, and technical preparation for audits and inspection visits.

Anti-Corruption and Risk Analysis

We provide guidance on identifying and assessing corruption risks arising from internal investigations, audits, and compliance reviews, particularly in transactions involving public officials, third-party intermediaries, and sensitive processes.

Our approach focuses on quantifying risk, identifying potential legal and regulatory risks, and defining corrective measures and controls to mitigate future exposure.

Regulatory compliance with actuarial support

Assistance with compliance with regulatory obligations that require technical and quantitative support, including capital requirements, technical reserves, adequacy tests, and addressing observations arising from inspections by financial authorities.

Operational and Legal Risk

Operational and legal risk audits; development and validation of business impact analyses (BIA) and business continuity plans (BCP); and validation of provisions for operational risk.

Credit and Market Risk

Quantification and management of credit and market risks, including portfolio analysis, estimation of regulatory reserves, and validation of metrics such as Value at Risk (VaR).

Technical reserves and solvency

Calculation, review, and validation of technical reserves for insurance and surety companies; solvency analysis; stress testing; and support for actuarial certification processes in accordance with applicable regulations.

Actuarial support in litigation and disputes

Preparation of technical opinions, actuarial reports, and damage assessments for use in administrative, judicial, and arbitration proceedings, working in coordination with the firm’s litigation attorneys.

Actuarial and financial due diligence

Technical review of actuarial liabilities, reserves, risk portfolios, and valuation models in connection with mergers, acquisitions, restructurings, or investments.

Design and review of financial and insurance products

Actuarial consulting services for the design, review, and registration of financial products, insurance policies, surety bonds, and pension plans, including rate schedules, technical notes, and policy terms and conditions in accordance with regulatory requirements.

Testimonials

Clients are quick to praise the firm, saying enthusiastically: “The service they provide is highly satisfactory. They understand the client’s needs and have a good sense of urgency.”

Chambers and Partners Latin America 2020 client feedback on the Banking & Finance Department

“The service is of a very high standard; they are very thorough and up-to-date on all matters, and the partners are always available and deliver on time.”

Chambers and Partners Latin America 2020 client feedback on the Compliance Department

At bgbg, we combine technical actuarial rigor with legal strategy to help our clients mitigate risks, comply with regulations, and defend their decisions with confidence before any regulatory body or in the event of a dispute. Our goal is to strengthen each client’s institutional position through objective analysis, defensible methodologies, and a comprehensive view of risk.

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