Regulatory Consulting
Latest News
| Culture |
What is FSA doing about culture and what should firms do to prepare themselves? |
| Read more... |
| Changes in the Regulatory Architecture and Approved Persons |
| Regulatory Architecture changes: You should learn in April 2011 whether you are going to fall under the regulation of the Prudential Regulatory Authority (PRA) or the Consumer Protection and Markets Authority (CPMA). |
| Read more... |
Geographical Location
Contact Details
IFAct Services Limited,
Connect House,
Kingston Road,
Leatherhead,
Surrey,
KT22 7LT.
Tel: +44 (0)8456 121 211
Fax: +44 (0)1372 365036
E-mail: admin@ifact.co.uk
Newsletter
FSA Regulatory Consulting
Regulatory Updates
All authorised firms need to keep up to date with regulatory news and changes to guidance and rules. In theory this is a full time job.
The IFAct update service emails you a brief synopsis of that which you need to be aware of plus the source for further information. We cover the important information from the FSA, Bank of England, Trade Press and Trade Bodies, EEA news and important speakers.
Ongoing Compliance Services
- Full Compliance Officer Service
- Healthchecks
- File Audits
- Fit and Proper Assessment Review
- Annual Competence Assessment Review
Compliance is an ongoing process NOT a one-off event.
RMAR Reporting & Audits
Your Relationship with the FSA
The vast majority of firms need to be capable of establishing a harmonious and remote relationship with the FSA and providing that they can evidence their compliant behaviour using an accurate and timely Retail Mediation Activity Return (RMAR), this objective should be achieved.This is a fundamental requirement for Senior Management Systems and Controls (SYSC).To provide comfort and peace of mind to firms’ senior management teams, in particular, the Apportionment and Oversight Officer (CF8), IFAct are offering a RMAR compliance service.
Skilled Person Implants
The FSA’s application process is very robust and they do require firms to have the requisite knowledge, skills and experience before they are granted Permissions. In many cases the firms have the ability but cannot prove a track record of either their Compliance Officer, Money Laundering Reporting Officer or sometimes the advisory roles so our Team of Consultants can be of service to bridge these gaps.