Company and individual authorisation
We provide you with the level of assistance you need to ensure a smooth and successful process. A well-prepared application pack reduces the time it will take – fewer questions for the Financial Conduct Authority (FCA) to come back to you about. As your business grows, we can help with the process of taking on new registered individuals and ensuring appropriate supervision is in place. We can also help with ensuring PI insurance and capital adequacy are maintained.
Planning and implementing corporate governance
We'll consider your business plans against regulatory expectations and proposing strategies to meet the firm’s objectives and appetite for risk. We can help ensure that systems and controls are both effective and appropriate for your business across the key areas of:
management
remuneration
record keeping
client facing activities
suitability of advice
Outsourcing
Assistance in designing your due diligence process and monitoring systems for any aspect of the business that diverts attention from advising clients e.g. investment management, paraplanning, compliance, day to day monitoring, product or platform selection, etc.
Training
Helping individuals within the firm achieve their potential and maintain understanding of technical information and regulatory requirements. Helping you to create, implement and monitor a Training and Competence scheme that works for you and your business, not a tick-box exercise that distracts your attention. Ensuring directors, partners and managers receive the support they need to discharge their duties in line with FCA expectations.
Financial promotions
We can offer you the assistance you need to create an effective and compliant marketing strategy. Specifically, our resources can help you in drafting, assessing and monitoring the effectiveness of your firm’s financial promotions material. We can also introduce specialists where needed in areas such as social media.
Mock FCA visits
While we can’t deal with the regulators in your place, we can ask you the right questions so that issues can be identified and the impact mitigated. We can help at various stages such as pre-visit preparation, post-visit remedial work or “skilled-persons” (S.166 FSMA) projects where required, or throughout all interactions with the FCA.
Regulatory reporting
We recognise that time with your clients is critical, so we can assist you in ensuring that your reporting is on time and accurate. We can provide reassurance through carrying out regular audits, ensuring the data you record and report is both appropriate and accurate.
Advisory
We offer an ongoing consultancy service with monthly, quarterly, half-yearly or annual programs tailored to your firm’s needs, or one-off project based solutions.
To find out more, contact us by phone on +447890 311975, email info@compliancecubed.co.uk or use the below form.