Firms may sometimes find themselves exposed to one-off compliance issues and risks outside of their experience and knowledge resources. Regulatory risk can crystallise in many forms, including:
- An FCA visit and subsequent ruling or investigation;
- Complaints and other customer interaction;
- Firms may be subject to legal proceedings, or employees may face civil or criminal investigation and prosecution; and
- Acquisitions and on-boarding of appointed representatives.
We have a proven track record supporting firms when they have need of specialist advice or independent investigations.
We carry out investigation work and can advise on the regulatory expectations in areas such as suitability, due diligence standards, risk management and controls, and governance and culture. Our independent verification (expert witness) services are usually called on in litigation or as part of a dispute resolution.
We have senior expertise available across a number of disciplines and experience through extensive Section 166 work, court attendances, due diligence work and FCA visit preparation and can provide assistance when and where needed.
Our experts cover a wide range of sectors from IFAs Wealth Managers, consumer credit firms and insurance and mortgage intermediaries to Private and Retail Banking, Collective Investments, Broker Dealers, Private Equity, Venture Capital, Wrap Platforms and Life and Pension providers.