FCA Compliance

Annual Regulatory Health checks tend to be completed over 2 days. During these days we will visit your office to review your current processes and procedures. We will go through your documents to identify areas that could be improved or that need updating to reflect any new or impending regulatory changes. And if possible, speak with your staff. This allows us to identify any gaps in their knowledge/understanding.

With several do’s and don’ts to consider when putting a financial promotion together, many firms tend to shy away from them to avoid any repercussions. But sometimes word of mouth can’t solely be relied upon to market your business. This is where b-compliant can help. The first step is to create the financial promotion that you would like to publish then send it over for us to review it to ensure it’s compliant. We will then either send it back to you to make the changes yourself or with your permission, we’ll amend it for you, saving you the hassle.

With a dedicated helpdesk of experienced consultants, simply email your query to us and within 24 hours we’ll get back to you.

We complete file reviews using an outcome-based approach to ensure that not only does your file tick all of the relevant boxes from a disclosures point of view but more importantly, that the suitability of the recommendation is appropriate given the client’s circumstances, needs and objectives.

Your business is unique, and so are your systems and processes.  We can either write a new policy or process from scratch or personalise one of our templates to suit your firm.

From collating KPI data, through to adviser 1-2-1s and observed meetings, we can provide as much or as little training and competency support that you need.

We cannot submit the returns for you, but we can remind you when they are due. We can also answer any questions you may have about completing them, and before you hit the submit button, we can check that the right data is in the right boxes.

We assist firms who are preparing for a sale by undertaking pre-Due Diligence work to ensure you are fully prepared. We also assist firms who are considering the purchase of an existing firm to identify liabilities, risks and other matters that may affect value now or in the future.

Do you require compliant handling assistance? We offer a full service from initial acknowledgement through to investigation, drafting the final decision letter. We will handle correspondence with the client, and deal with FOS should the need arise.

Are you undertaking project work related to regulatory issues?  We can help in the following areas:

• Bespoke policies
• SM&CR training for support and/or assessment
• Full T&C scheme appraisals and implementation
• Support for FCA authorisations and variation of permissions
• Preparation for interview by the FCA, and if required attendance at the meetings if requested by the FCA
• Due Diligence in preparation for purchase
• FCA MIG review support.