Banks and Building Societies Compliance: Complyport’s first aim is to understand your business requirements and ensuring our compliance support is tailored to you.

Our service then provides you with ongoing support, independent guidance and the appropriate level of oversight to ensure your firm has the knowledge to maintain compliance and keep abreast of regulation.

Complyport does not adopt a one-size-fits-all approach and our ethos is to provide bespoke solutions to each client’s unique requirements.

When choosing Complyport, firms will benefit from:

Initial Assessment

Your firm will be appointed one our designated experts who will carry out an assessment.

This involves a review of current arrangements, identifying gaps or areas where procedures may be improved.

We will report our findings and help you build a framework that will meet regulatory requirements.

If necessary, we can tailor all supporting manuals, policies and procedures.

Alternatively, for firms that require less support, our service can be light touch.

ComplyTracker

As an option, ComplyTracker is our custom built compliance management system designed to reduce the administrative burden that inevitably falls upon busy staff.

The single system caters for firms in-house compliance needs and allows processes to be streamlined.

Managed efficiently and simply accessed to demonstrate clear audit trails, the system reduces paperwork and provides a secure storage facility within a controlled compliance environment which reduces the chance of documentary loss or monitoring over-sight.

Regular Monitoring

Complyport will help you build a compliance monitoring programme that is appropriate to the nature and scale of your business.

We then provide  an independent written assessment of your compliance with your monitoring programme and procedures and evidential records at a frequency agreed with you.

Expertise

Depending upon your own resources and expertise you may ask us to:

  • Assist with liquidity, capital and other prudential obligations
  • Review corporate governance and supervision arrangements
  • Help with file reviews
  • Help with registration and filing solutions
  • Review CASS procedures
  • Review of TCF procedures
  • Help with complaints monitoring or handling
  • Review Money Laundering procedures
  • Provide training support
  • Review financial promotions
  • Support with CRD IV obligations
  • Provide a level of regular helpdesk support

All firms have access to our regulatory updates in which we provide guidance on and analysis of key regulatory and compliance issues.

Consultancy

Our experts include regulators, accountants and lawyers.

Occasionally you may need specialist support to develop new business ideas or improve a particular aspect of your business or you may simply want an opinion on a complex matter of regulation.

Firms can access our consultants on a project or hourly basis.

Please contact us on +44 (0)20 7399 4980 today for more information.

Specialist Services