Preparing for inspection

How Origo helps IFMs assess and strengthen inspection readiness

Request your complimentary Self-assessment Questionnaire

Recent supervisory developments suggest a more intrusive and evidence-based approach to supervision. Firms are increasingly expected to demonstrate not only that policies exist, but that governance, oversight and control arrangements operate effectively in practice.

Step 1 – Self-Assessment Questionnaire

The process begins with a self-assessment completed by the organisation. The questionnaire covers the themes identified in the CSSF’s 2026 Supervisory Priorities, including governance, delegation oversight, sustainability risk integration and operational controls. It also includes a dedicated section on intra-group delegation.

The objective is to obtain a structured picture of the firm’s current position. The questionnaire is designed to encourage discussion across functions. In many organisations, responsibility for governance, oversight, risk management and regulatory compliance is spread across several teams. The process helps establish a common understanding of how these arrangements work in practice.

The questionnaire is available free of charge.

Step 2 – Independent review

The completed questionnaire can be reviewed by Origo Consulting. Based on the responses provided, we prepare a concise report for senior management and the board. The report identifies areas where supervisory expectations may not be fully met and helps establish priorities for any subsequent work. The objective is to help management focus its efforts where they are likely to have the greatest impact.

The review is based on our understanding of current supervisory priorities and inspection practices. Particular attention is given to areas where supervisory expectations have changed significantly or where firms frequently encounter practical difficulties.

The report is intended to support management judgement and complement internal expertise or external advice.

Step 3 – Inspection Readiness analysis

Not every issue requires detailed investigation. Where appropriate, a targeted Inspection Readiness analysis can be performed. The focus is on specific topics and provides a more detailed assessment of governance arrangements, delegation oversight, sustainability risk integration, operational controls and related areas.

The objective is to establish the nature, significance and root causes of the issue and to assess whether remediation may be required.

An Inspection Readiness review typically combines document analysis, management discussions and assessment of operational practices. The scope depends on the subject under review and the objectives established with the client.

The outcome is a clearer understanding of the nature, significance and potential implications of the issues identified.

Step 4 – Management action

The process provides a structured basis for management decisions, remediation planning and inspection preparation. Firms remain responsible for determining the actions they wish to take, but the analysis provides a clearer understanding of where effort is likely to have the greatest impact.