As an FCA regulated company you must ensure your business adheres and complies with the relevant rules detailed in the FCA Handbook. We can offer a compliance monitoring service to ensure that you are always compliant. As a regulated firm you will need to make periodic online reports to the FCA.

The FCA will review your firm’s activities and the frequency of this is determined by the FCA’s assessment of the risk that your firm may pose.

The maximum period is every 4 years. Failure to comply with FCA rules can have severe consequences for both firms and management.

Could say yes to following? If yes, then you are likely to be compliant:

• Do you have policies and procedures which show you always treat your customers fairly
• Do you have the ability to complete regulatory returns via Gabriel (the FCA reporting system) Compliance Monitoring Programme to evidence you are acting in a compliant manner at all times
• Do you have a compliant sales process to ensure you can evidence your affordability and suitability assessments
• Do you have a file checking process to ensure your sales procedures are correctly followed and a compliant complaints handling process
• Do you have Management Information available to show you treat your customers fairly and training programmes covering FCA regulation
• Do you have a Compliance audit programme and are you completing regulatory logs
• Do you have a Regulatory Business Plan
• Do you have a Key Business Risks assessment