Compliance support

The evolving FCA and EBA regulatory landscape, an extensive and growing list of management reports, and a stream of third-party due diligence requests can be overwhelming for your compliance function and management body. Our subject matter experts can supplement your firm’s internal expertise, free up valuable resources, and give your management body some peace of mind.

We can support your firm’s compliance and risk monitoring reviews, audits, reports, filings, and horizon scanning. We also provide group mentoring for the most junior members of your firm, to one-to-one training for your compliance team and management.

Common retainer services

This list describes our most commonly utilised retainer services

• Annual audits delivered by our annual audit team
• AML compliance audit
• Safeguarding audit
• Regulatory audit
• Safeguarding audit

Ongoing support and reports delivered by our compliance support team

• Support by phone, video calls, and tickets from subject matter consultants
• Policies and procedures review
• Compliance Monitoring Plan
• MLRO (Money Laundering Reporting Officer) annual report
• Annual AML/CTF Risk Assessment
• Regulatory ‘Horizon Scanning’
• Regulatory filing support and notifications
• Board Briefings
• Training for AML, safeguarding, capital adequacy, and IT requirements
• Operational Security and Risk (REP018) quarterly reviews and reports
• Supplier, partner, and customer due diligence

Retainer agreements are structured and quoted specifically to your firm’s needs. Where required, the activities listed above are usually included, and each assigned a number of hours, but the time can be reassigned as your needs change.

Other support services also available under retainer

• Outsourced compliance manager
• New consumer duty
• Operational resilience
• UK and EU data protection (UK/EU GDPR)
• Recruitment