Broker Dealer Compliance; we always begin by sitting down with a client in order to thoroughly understand their business, allowing us to work out the compliance and regulatory implications.
We then tailor our services around you to ensure that we provide the right level of advice and assistance, in keeping with your needs and budget.
Complyport draws upon extensive experience in assisting broker-dealers of all sizes across a variety of markets; we fully understand the challenges in dealing with the ever-growing regulatory burden and will provide a team of industry specialists you can rely on.
Your firm will be appointed 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.
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
Policy and documentation Review
Firms will often have documentation in place in need of a review to ensure it still meets the regulator’s requirements.
Complyport regularly reviews and if necessary, updates documentation to provide assurance it is suitable.
Complyport is well versed in implementing bespoke compliance monitoring programs that fit with the regulatory obligations relevant to the firm.
Whether a firm decides to complete their monitoring on ComplyTracker or use a paper-based monitoring program we 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.
We also regularly assist firms with the following:
- 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 update in which we provide guidance on and analysis of key regulatory and compliance issues.
Our experts include practitioners, regulators, accountants and qualified lawyers. Occasionally you may need specialist support to develop new business ideas or to improve a particular aspect of your business.
You may simply want an opinion on a complex matter of regulation. Firms can access our consultants on a project or hourly basis.