Introduction
Recent events have highlighted that we live in unprecedented times and current financial conditions will carve out a new regulatory landscape for the future. There is no doubt that compliance will be the focal point as new business models establish themselves.
Given the changes to come, all financial institutions must ensure a sound and robust compliance framework is in place across their organisation to meet regulators’ expectations. The question is - is your firm ready for this?
With regulatory burden on firms becoming ever greater, having an effective compliance program is the best way to shield against the costs of regulatory penalties. If used correctly, it will also bring positive benefits to the firm in building an ethical corporate culture, client retention and a higher equity value.
About Us
Established in 2004, FMConsult is a specialist compliance, collective investment schemes and operational risk management consultancy that services a whole host of financial services firms. We have made it our mission to provide solutions to our clients so that they can continually meet regulatory requirements.
Headquartered in London, we have offices in Ireland and Dubai, with associates in the USA and Italy.
Our highly experienced team have first-hand experience in asset management, wealth management, financial regulations and broking which provides us with the all-round expertise you would require from a consultancy. To learn more about our team, please refer to the enclosed Consultant Profiles brochure.
Examples of the types of work performed for our clients to date include:
- Corporate Regulatory Authorisations and Variation of Permissions
- Provision of interim Compliance Officer and ongoing compliance monitoring resources
- Compliance infrastructure set-up including operational procedures and compliance manuals
- Introducing and embedding risk management processes
- Production of Internal Capital Adequacy Assessment Processes
- Performing due diligence on outsourced functions and third party administrators
- Personalised compliance and AML training presentations
- Project work such as gap analysis of UK and Irish collective investment scheme regulations
- Fund establishment and development
- Research projects
- Implementation of risk based approach to Compliance Monitoring activities
- Review of Corporate Governance activities (AIM Rules and general)
- Mock ARROW inspections and facilitating ARROW inspections for entities
- Providing Company Secretarial Function to CIS (UCITS 3 Funds)
- Providing independent oversight and facilitation activities for CIS’s (UCITS 3 Funds)
- Developing and creating CIS’s (COLL Regulations/Irish Regulations/Luxembourg Regulations/Cayman Regulations)
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