Wealth Management Compliance – Complyport offers a complete range of services to wealth management firms.

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

Complyport does not simply provide pro forma documentation to firms and leave them to it, all service offerings are bespoke to your firm’s individual requirements.

When choosing Complyport, firms will benefit from:

Initial Assessment

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.

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

Monitoring Programme

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 .

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 update in which we provide guidance on and analysis of key regulatory and compliance issues.

Consultancy

Our experts include lawyers, accountants, regulators and advisers (chartered).

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.

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