Wholesale

Wholesale compliance offers up a raft of new challenges for firms.

Complyport draws upon a wealth knowledge in understanding the requirements of the FCA and PRA.

Our professionals have extensive experience in advising wholesale firms on a range of topics and our clients include banks, fund managers, broker-dealers and many others engaged in advising other professionals on investment products.

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

Regular Monitoring

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.

Occasionally you may need specialist support to develop a new business idea, or perhaps ongoing compliance support.

You may simply want an opinion on a complex matter of regulation.

Whatever your needs may be, Complyport has a team of industry specialists who are able to support 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.

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

Please click on the relevant sector below:
Banks and Building Societies
Insurance
Broker-dealers
Wealth Management