Our members are all compliance consultants who specialise in providing compliance advice and support services to firms who are regulated by the Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA) in the UK. Our members are required to adhere to our professional standards and membership is granted on an annual basis and has to be renewed each year. We are recognised by the FCA as the trade association for financial services compliance consultants
Which type of service provider do I need?
Different types of service providers can assist you with different issues in relation to compliance and FCA/PRA regulation. Our ‘Directory’ provides a searchable list of all our members and the different services they provide.
Compliance consultants specialise in assisting firms to become regulated by the FCA and PRA, deal with any changes of permissions/control required and maintaining compliance with the regulations. They can also help you when things have gone wrong.
Typically, members will be business oriented, attend your offices and get to know you and your business. They can then help you apply the rules in a practical way suited to you and your business. Working on either a project or retainer basis generally they members build long term relationships with their clients. Understanding your business gives the advantage of and being able to support you as it grows and changes.
If you want to understand whether your firm is compliant or how to manage an FCA or PRA requirement or process, then a compliance consultant is likely to be your best bet.
Compliance consultancies vary in size and capability. There are many specialist “one man bands” with sector specific experience. Some larger firms specialise in a sector, while others have a broad capability. Our ‘Directory’ allows you to search our membership based on your requirements.
For our guide of how to pick a compliance consultant please click here.
Alternatively you can provide us with a description of the service/support you are seeking and we will circulate the membership to see who is interested on an anonymous basis. We will then provide you with a list of interested firms so you can choose who to contact. You need to allow at least 5 days in order for us to circulate the request and collate the response. If you want to use this service please complete the form on our Contact page.