Services

Outsourced Compliance Solutions

Complying with exacting regulatory standards set by FCA and other regulators is challenging. It requires expertise, experience, knowledge, research and time. With increased liability for senior compliance and money laundering staff it is also becoming more expensive. Now is the time to consider whether outsourcing of some or all compliance related tasks and functions may be more cost-effective. Complyport’s range of outsourced compliance services will offer you an assured service, bespoke to your needs, at a fixed price. Depending on what you desire we can take on as little or as much as you wish. We can cover all of the key compliance functions including registration as your Compliance Oversight Function (SMF16) and/or Money Laundering Reporting Officer (SMF17).

Accessing our compliance experts
Hiring compliance staff with the requisite knowledge and experience is becoming expensive. Complyport’s team of expert and experienced staff can support your compliance function with services ranging from telephone & email advice to secondment of staff into your team. We can support short or longer term engagements. Our service can flex to fit your requirements.

Monitoring Programme
Where required, Complyport staff can implement your in-house Monitoring Programme. Alternatively, Complyport can design and implement a monitoring programme to compliment the internal resources available to your business and the requested level of service. Monitoring will be conducted at a suitable frequency with full reports submitted to your Executive Team.

Documentation – Manuals, Policies & Procedures
In the first instance Complyport will either design bespoke documentation or conduct a full review of your existing documentation. This will include core documentation like your compliance manual, AML/CTF procedures, suitability assessments as well as any other documentation appropriate to your business type and activity.

Regulatory Filings
We can manage all interactions with the FCA from regulatory notices through Connect to Gabriel returns submitted on time and with precision, irrespective of whether you use a third party accountant.

Client On-Boarding
Complyport can either undertake the daily KYC/AML processing of new clients as your SMF16 along with regular existing customer file reviews or provide you with our own custom built eKYC suite and undertake periodic reviews of your internal processes.

What qualifies Complyport to take on this important task?

With 20 years of assisting financial services with leading compliance support and well over 150+ years of combined direct experience among our consultants, Complyport will be there to offer hands-on, practical advice as your organisation grows. Whether its upcoming regulatory changes, new product initiatives or unprecedented market events we can be your go to source for advice. If you want to get back to focussing on what makes your business successful whilst being assured that your compliance is in good hands, arrange a consultation with Complyport today.