How to Streamline Your File Review Process
In the UK financial services sector, adhering to the Financial Conduct Authority’s (FCA) regulations is paramount, particularly regarding the sale of financial products and the provision of advice. Given the risks associated with incorrect recommendations, regulated firms often conduct file reviews post-transaction to assess the quality of advice offered. Streamlining this file review process is […]
How to Manage Financial Promotions Effortlessly: Traditional Methods vs. Technology-Enhanced Approaches
In the UK, financial services firms are subject to stringent regulations governed by the Financial Conduct Authority (FCA), particularly concerning financial promotions, which refer to the marketing of financial products or services. Ensuring compliance with these regulations can be challenging. This article explores traditional manual approaches and contrasts them with modern technology-driven solutions to manage […]
How to stay on top of FCA Regulatory Change Management
In today’s ever-changing regulatory landscape, it is crucial for businesses to stay on top of FCA regulatory change management. The Financial Conduct Authority (FCA) continuously introduces new regulations and updates existing ones to ensure it meets its statutory objectives. Failing to comply with these regulations can result in severe penalties and reputational damage. Therefore, understanding […]
How to Create, Track and Manage Your Compliance Monitoring Programme
All compliance professionals working in the UK’s financial services industry understand how important it is to achieve full FCA compliance. Maintaining compliance is good for your partners and customers, and protects the business itself from reputational and financial risk. It also helps the industry as a whole to avoid a ‘race to the bottom’ scenario. […]
Best RegTech Firm & Best Compliance Management System 2023
We are delighted to announce that we’ve won the following awards at The Compliance Register Platinum Awards 2023: – Best RegTech Firm – Best Compliance Management System 2023 Thank you to everyone who has nominated and supported us. More information on the awards can be found here.