File reviews
Our experts will provide ongoing monitoring of your files for suitability and competence, with a focus on the collation of “know your customer” (KYC) information.
In-depth analysis
Poor quality client files put you at greater risk of penalty from the FCA, or being unable to successfully defend a complaint. Our support will help you identify and resolve any existing file issues and make sure future files are right first time.
Choose us and work with a team that has the experience to know what the FCA requires and how to keep them happy. Instead of tick-box compliance, you’ll benefit from comprehensive, tailored support.
Our service
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Experts who’ll work collaboratively with you to understand your business and clients inside out
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Assessment of the file’s completeness, and whether information is chronologically correct
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A focus on “know your customer” (KYC) information and ensuring the suitability of your advice
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Checking you’ve accurately recorded the client’s finances, objectives and vulnerabilities
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Honest, independent support, with no upselling of third-party ties or software solutions
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Analysis of the information provided about recommended funds and associated costs
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A diligent, consistent approach to reviewing, which lessens the risk of errors being missed
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Our expert view on the overall recommendations made and whether these meet the FCA’s criteria
Your questions, answered
Completing file reviews often highlights other regulatory issues that need to be addressed. Learn more about our hands-on approach to compliance support and whether it’s right for your business.
How experienced are your consultants?
Our directors each have more than 20 years’ experience in compliance and financial services. We don’t employ any consultants with less than five years’ experience, so you can always rely on our advice.
Which types of businesses is this service for?
Any FCA-regulated business, including financial advisers and discretionary fund managers. While we tend to work with small- to medium-sized businesses, our support can be tailored to any budget.
Can you help me implement changes following a file review?
Absolutely. From one-off projects to fully outsourced compliance, our support covers whatever you need. Contact us today to discuss your requirements and we’ll get back in touch with you as soon as we can.