Financial Compliance Services
We’ve been providing financial compliance services to businesses for over 10 years, specialising in payment services in Europe and the UK.
Financial Compliance Services
We’ve been providing financial compliance services to businesses for over 10 years, specialising in payment services in Europe and the UK.
Our services
Our main goal is to help your company to create and manage compliance policies that support best practices
Checking your existing policies, procedures and operational systems in place, verifying that your company is compliant and up to date with the latest laws and legislations. Fixing discrepancies and strengthening your compliance procedures. Giving advice on further steps.
Preparation of policies and procedures:
- Compliance policies
- Anti-Bribery policy
- Anti-Money Laundering policy
- Data protection registration, manual and training
- Due Diligence and clients checks
- Verification, on-boarding and approval system
- KYC database and archives safe keeping
Providing various training for staff, including but not limited to: Anti-money laundering, Anti-Bribery, Data Protection.
Assisting you with your FCA licence application from A to Z, preparation of supporting materials, filling application forms, leasing with the regulator, and full support of the application process.
What is Compliance?
Compliance is either a state of being in accordance with established guidelines or specifications, or the process of becoming so. It encompasses efforts to ensure that organizations are abiding by both industry regulations and government legislation.
When it comes to a business and corporate management, compliance refers to the company obeying all of the legal laws and regulations in regards to how they manage the business, their staff, and their treatment towards their consumers. The concept of compliance is to make sure that companies act responsibly and are protected against any eventuality.
Key functions of Compliance
Identification
Identifying the risks that an organisation faces and advising on them
Prevention
Designing and implementing controls to protect an organisation from those risks
Monitoring and detection
Monitoring and reporting on the effectiveness of a company’s controls and its exposure to risks
Resolution и Advisory
Advising the business on rules and controls and resolving compliance difficulties as they occur
Are your AML and Due Diligence procedures robust and up to date?
For any compliance related questions we will be able to provide you with professional guidance and advice. Leave us you contact details and we will be in touch with you shortly