Category Archives: EMI

Payments Business? Have Your Say! Don’t Miss This

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Payments Business? Have Your Say! Don’t Miss This!

Get the lowdown on the FCA Strong Customer Authentication (SCA) Consultation Paper plans. Download the free brochure here.

If you have any areas of concern, please call us on 0207 097 1434 or email info@complianceconsultant.org

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Compliance Support Services Explained

Once your organisation has accomplished authorisation, you’re dedicated to satisfy a variety of on-going FCA compliance responsibilities. Companies either pick our consultancy services to help resolve specific issues or to handle the effect and impact of new policy or we tailor a retainer agreement to satisfy their particular continuous requirements.

Retainer agreement
Our extremely skilled group of compliance specialists have market and regulatory backgrounds supplying an unique mix of skillsets and giving you the confidence that your continuous regulatory responsibilities will be satisfied to a high expert requirement.

With retainer service contracts separately tailored to your organisation we provide an agreed service delivery and schedule. Having operated in your sector, our professionals understand your compliance obstacles and opportunities. They share their backgrounds and understanding to solve issues; so you reap the benefits of a unique sum total of competence.
Supplying you with budget certainty and on-demand access to an extremely trustworthy compliance partner and a topic expert panel, usually, our retainer contracts include:
  • Compliance management; setting up and your Compliance Monitoring Programme, including automating it if required.
  • Compliance audits; independent bench-mark reviews and health-checks to make certain your systems, controls, policies and regulatory procedures are kept up to date
  • Documents/Governance; such as policies and written processes or procedures
  • Financial promotions including initial reviews and ongoing assessments or critiques, including video and social media marketing
  • Training; e.g., informing personnel on anti-money laundering or assisting senior management create a suitable governance framework
  • Regulatory reporting; consisting of GABRIEL returns and evaluation of prudential requirements
  • For Payment Services companies based on PSD2, we provide distinct service plans particularly created satisfy the increased regulatory needs and responsibilities.
  • And Capital Market companies gain from a specific methodology which permits us to craft a bespoke, flexible assistance package
  • Companies fall into the Asset Management, Broker Dealers & Traders, Corporate Finance, Crowdfunding, FinTech, Infrastructure, Investment Management, P2P Lending, Private Equity, Venture Capital and Wealth Management can all benefit from individual; and tailored packages.

Contact us today on 0207 097 1434 or email info@complianceconsultant.org

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    EMI Compliance Manual Template

    OK, So Why Should I Need A Compliance Manual?

    For any Compliance Officer or SMF16 who has been in the UK financial services industry for any more than a year, this document is important.

    Critically they will know that one of the first documents that they, as well as all staff, have to read and attest to having done so, is the Company Compliance Manual.

    Although this is not a regulatory requirement …

     it is becoming a regulatory expectation!

    There are a number of elements that the regulators not only expect to be documented, but also somewhere that explains the rationale behind the way company’s manager their risks. This would clearly be best summarised in a regulatory Operational or Compliance Manual.

    The Regulator expects a firm to have a personalised and firm-specific compliance operating procedures manual pertinent to the firm and embedded within its processes and culture.

    Most on-line and centrally maintained manuals offered by some consultancies are considered NOT to be personalised, firm specific OR relevant enough to the individual firm.

    Similar Products bought by IFAs, Private Banks, GI Brokers, Payment Providers, MSBs, EMIs, Portfolio and Asset Managers and others!

    Only £400+ VAT!

    If You Know Our Quality Already

    Buy Now

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    You will need a zip decompression tool such as 7-Zip (Free) available at www.7-zip.org/download.html or Winzip (Free version) available at free.winzip.com


    An additional function is where the firm can articulate how they expect the staff to operate and the standards that they are expected to adhere to.

    But what do I put in it?

    Often Compliance Manuals can be used to document the sales process for adviser’s to follow including, for example, transaction only clients.

    There has to be  clear distinction for specific procedures and, for example when to assess a client for appropriateness when they refuse to provide sufficient details for suitability.

    We do not suggest you fill your Compliance Manual with just processes as it is a valuable place to store certain high level explanations of policies such as the Data Protection Act, Bribery Act, Outsourcing Policy and Whistleblowing protocols.

    Additionally this invaluable document can be used to point to other company documents such as policies and forms or other constantly updated items such as the Anti-money Laundering and Terrorist Financing procedures or even areas such as your Approved Persons Policy or possibly additional changes from Euroland.

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