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Parnima Consulting
Where regulatory expertise meets strategic clarity — advising governments, financial institutions, and international organisations on EU regulatory frameworks, compliance, and governance.
About the Practice
A Practice Built on Deep Institutional Knowledge
Parnima Consulting was founded by Sophie Bertin following over three decades working at the intersection of public regulation, financial services, law, and strategy consulting. The practice provides rigorous, independent advisory grounded in direct institutional experience — not abstraction.
She advises on State Aid, the Foreign Subsidies Regulation, financial sector compliance, and risk governance. Clients include ministries of finance, sovereign wealth funds, European financial institutions, and large corporations operating across the EU.
Based in Switzerland, Parnima Consulting is active across Europe and the GCC — bringing a rare combination of regulatory depth, strategic acumen, and operational credibility to every engagement.
32+ Years
of experience across strategy consulting, international banking, and EU regulation
Prior Experience
McKinsey · Bain · European Commission · Bank of New York · SWIFT · Covington
Active In
Europe · UAE · KSA · Qatar
Expertise
Areas of Specialist Advisory
From support on EU State Aid and EU Foreign Subsidies Regulation, to board-level governance, Parnima Consulting provides counsel that is analytically rigorous, institutionally informed, and practically actionable.
Services
State Aid & Foreign Subsidies
State Aid
Advisory on EU State Aid rules — from eligibility and notification procedures to restructuring plans and compliance with Commission decisions. The practice brings experience on both the beneficiary side and with public authorities, including direct engagement with the European Commission at the most senior level.
  • Eligibility assessments and pre-notification strategy
  • Notification documentation and process management
  • Restructuring plan design and compliance monitoring
  • Engagement with competent national and EU authorities
Foreign Subsidies Regulation
Support for organisations subject to the EU Foreign Subsidies Regulation — including sovereign wealth funds, state-owned enterprises, and international groups — in assessing exposure, meeting filing obligations, and developing mitigation strategies before and during transactions.
  • FSR exposure and materiality assessments
  • Filing obligation identification and documentation
  • Mitigation strategy and remedial measures
  • Ongoing monitoring and regulatory positioning
Services
Compliance, Strategy & Governance
Compliance & Regulatory Advisory
Independent review of compliance frameworks across financial institutions — covering AML-CFT, anti-bribery, and data privacy. Advisory on regulatory positioning in complex or rapidly changing environments, including where multiple jurisdictions intersect.
Strategy & Governance
Strategic reviews for financial institutions encompassing digital transformation, credit risk management, and client strategy. Independent board-level advisory, supporting chairs, non-executive directors, and senior leadership on governance effectiveness and accountability.
Risk Management
Review and strengthening of risk management frameworks in financial institutions — credit risk, operational risk, and enterprise risk — with a focus on governance structures, methodology soundness, and practical implementation across the organisation.
Training in Governance, Compliance & Risk
AI-powered, individual tutors, for Corporate Compliance, Risk Culture, Governance and Onboarding trainings.
Typical topics: AML / CFT, Anti-Bribery and Corruption, Ethics, Code of Conduct, Governance, through Serapy AG, a sister company
Track Record
Selected Client Engagements
All engagements are handled with strict confidentiality. The following examples illustrate the depth and breadth of advisory work undertaken — client names are withheld in accordance with our privacy policy.
State Aid — European Airline
Advisory support throughout a State Aid notification procedure for a major European airline, including regulatory analysis, documentation preparation, and structured engagement with competent national and EU authorities. The mandate required deep expertise in Commission procedures and crisis-period State Aid frameworks.
State Aid — Ministry of Finance, EU Member State
Support to a Ministry of Finance in structuring State Aid-compliant guarantee schemes for the energy sector. The engagement encompassed legal and regulatory framework design, ensuring proposed instruments met Commission requirements while addressing the client's policy objectives.
Foreign Subsidies Regulation — Sovereign Wealth Fund
Assessment of FSR exposure and transaction implications for one of the world's largest sovereign wealth funds. The engagement identified filing obligations, assessed operational impacts, and developed a coherent regulatory strategy ahead of EU market activity.
Strategy & Digital Transformation — Banking Sector
Strategic review and digitalisation roadmap for a financial institution, covering business model assessment, process transformation priorities, and change governance. The engagement resulted in a board-approved transformation agenda with clear accountability and phased implementation milestones.
Risk & Compliance Review — Financial Institutions
Independent review of compliance and risk management frameworks across financial institutions, encompassing credit risk methodology, regulatory compliance posture, AML-CFT controls, and client management practices. Findings and recommendations were presented directly to boards and senior leadership.
About
Sophie Bertin Hadjiveltcheva
Sophie Bertin Hadjiveltcheva
33 years of professional experience spanning
  • European Commission DG Competition - Head of State aid for Financial Services
  • McKinsey / Bain strategy background
  • Banking / operational and transformation experience
  • Law firm experience
  • AI governance and implementation experience
  • Board-level advisory
Current Roles
  • Founder and CEO, Parnima Consulting
  • Founder and CEO, Serapy AG
  • Independent Board Member, Eastnets (GCC)
  • President, INSEAD Women in Business Global Club
  • Senior Advisor, Bain & Co and Loyal VC
Education
  • MBA, INSEAD
  • EU Competition Law, King's College London (Distinction)
  • ESCP Europe
  • Swiss Board Institute
Active Across
Switzerland · GCC · Europe
Geographic Reach
Active Across Europe & the GCC
European Union
State Aid advisory, Foreign Subsidies Regulation compliance, financial sector regulatory advisory, and governance reviews across EU member states and EU-regulated entities.
UAE · KSA · Qatar
EU FSR exposure assessments for sovereign and institutional clients operating in or investing into the European Union.
Board governance advisory and best practice sharing across jurisdictions, and independent board member mandates.
Contact
Let's Have a Conversation
Whether you are facing an imminent regulatory filing, seeking an independent review of your compliance framework, or exploring strategic advisory support, Parnima Consulting welcomes a direct, no-obligation initial conversation.

Data Protection Policy

At Parnima Consulting, we take data privacy and protection very seriously. Our comprehensive data protection policy outlines how we collect, use, and safeguard your personal information. Introduction We value your privacy and are committed to protecting your personal data. This privacy policy explains how we collect, use, and protect your information in compliance with Swiss data protection regulations. Data Controller The data controller responsible for your personal data is: Parnima Consulting AG in 6440 Brunnen, Schwyz Data Collection We do not use cookies or similar tracking technologies on our website. We may collect personal data directly from you in the following instances: When you contact us via email, phone, or contact form When you register for our services or newsletter, where applicable The personal data collected may include: Name Email address Phone number Any information voluntarily provided in your communication with us Purpose of Data Processing We process your personal data exclusively for the following purposes: To respond to your inquiries To fulfill contractual or pre-contractual obligations For customer service and support For compliance with legal obligations Legal Basis Under Swiss law, we process your data based on: Your consent, where you have provided it The necessity to fulfill a contract or pre-contractual steps Compliance with legal obligations Our legitimate interests, provided your interests do not override ours Data Disclosure We do not share your personal data with third parties unless: It is required by law or authorities It is necessary for the performance of a contract (e.g., IT service providers with confidentiality obligations) You have provided your consent We do not transfer personal data outside Switzerland, the EU or the EEA unless appropriate safeguards are in place. Data Security We take appropriate technical and organizational measures to protect your personal data from unauthorized access, loss, or misuse. Data Retention Your personal data will be retained only as long as necessary for the purpose for which it was collected or as required by law. Your Rights You have the following rights regarding your personal data: Access to information about your data Rectification of incorrect data Deletion of your data (unless legally required to keep it) Restriction of processing Objection to processing Data portability, where applicable You may exercise these rights by contacting us.

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