Association of Professional Compliance Consultants

The body for compliance consultants who advise firms regulated in the UK.

The APCC is active in enhancing the professional standards of compliance consultants and is recognised as a trade body by the FCA and other regulators. This provides our members with significant benefits in terms of direct access to the Regulators as well as business leads.  The APCC often works in conjunction with the FCA to pilot or test new initiatives, and we also provide with valuable feedback on specific subjects as requested by them.

FCA finds weaknesses in ‘host’ Authorised Fund Management firms’ governance and operations

We have received the following from the FCA today;

Today we’ve published a review of Authorised Fund Managers (AFMs) that delegate investment management to third parties.

 While some firms were operating well, others did not meet our standards and we found weaknesses in firms’ governance structures, conflicts of interest management and operational controls.

 All AFMs and host AFMs should review our findings and act. We would be grateful if you could share the review with your members and among your networks.

 For further information please see: