Category Archives: Compliant Business Management

Treating Customers Fairly & Conduct Risk Course

Business conduct is in a bright and unforgiving spotlight. Treating Customers Fairly is not dead, it compliments the Conduct Risk agenda. Although much has been said about Conduct Risk from the regulatory perspective, less has been done to help firms address the issue coherently. In the absence of anything prescriptive from the FCA, firms need to define what conduct risk means for their business and determine how to take positive action to address this risk. While the primary driver for seeking the effective management of conduct risk is to secure commercial success, there are additional pressures stemming from the ever higher standards being demanded by regulators, both nationally and internationally.

Claims Management Companies CMCs Compliance Procedures Manual and Financial Crime Policy

Working with Claims Management Companies CMCs in recent days, we can provide a Compliance Procedures Manual (around 100 pages) and Financial Crime Policy quickly.

SAR Workshop and Adverse Media Risk Assessments

Subject Access Reports Workshop and Adverse Media Risk Assessments for business and recruitment. Complete the form below to contact us! What Makes Compliance Consultant Courses Different Failure to file an appropriate SAR can lead to big trouble. But regulators also caution against filing unwarranted “defensive” SARs.  Our experts provide practical advice for the high-wire balancing […]

Online Senior Managers & Certification Regime Compliance Course Available For Core-Limited Firms

We have extensive experience in training senior managers and other staff who are subject to the SM&CR (SMCR) and we have developed a range of training solutions to suit a wide variety of requirements. You will also gain access to a unique discount in our special offer promotion for a valuable aid to your implementation planning.

Dear CEO Letter for Fintech Firms – APIs and EMIs

compliance fca regulatory authorisation registration

On the 4th July 2019: #FCA issues Dear CEO Letter to #EMoney & #PaymentServices firms on ‘Safeguarding arrangements of non-bank payment service providers’ and provide a #compliance report. The FCA report states that; The significant shortcomings we identified in firms’ safeguarding arrangements included: • poor understanding of which funds are relevant and should be segregated; […]

Rocket Science? Not really!

remedial compliance sales process smcr ifa kyc questions

Quite simply put, if you are in sales, there is no way you should recommend anything to your client’s unless you can prefix it with “… because you said X and Y and Z, I recommend ABC …”

Taking a PSD2 Company to FCA Authorisation/Registration?

compliance fca regulatory authorisation registration

FCA authoriastion/registration application is a subject best assisted and supported by regulatory consultants. If you are attempting the process yourself, you will need to fully understand the requirements and definitions. The worst thing you can do is listen to those who think they know what is involved. Key documents that any firm will need, apart […]

Can You Really Afford Generic Ongoing Compliance Support? Th…

Can You Really Afford Generic Ongoing Compliance Support? The issue with a lot of companies, whether they be IFAs, Stockbrokers, Payment Services or whatever market, is that the Compliance Officer is dealt with unjustly, if they are running the compliance department as a part of their task. You can hire a conformity supervisor (or group) […]

KYC and AML – Suitable for all firms with AML responsibilities

The UK is among the world’s largest and most open economies, whose strength is based on extensive and productive relationships around the world. Government Ministers have the responsibility for national security and financial services, so they want the UK to continue to be a desirable country for legitimate business and a leading global financial centre. But they also recognise that the UK’s openness and standing as a global financial centre exposes it to the risk of illicit financial flows.

AML – New Entrant Programme – Suitable for all firms with AML responsibilities, i.e. Estate Agents etc

The UK is one of the world’s largest and most open economies, whose strength is built on extensive and productive relationships across the globe. Ministers have the responsibility for national security and financial services, so they want the UK to continue to be an attractive country for legitimate business and a leading global financial centre. But they also recognise that the UK’s openness and status as a global financial centre exposes it to the risk of illicit financial flows.