Regulation & Structure

Addressing the issues surrounding regulated businesses is challenging. We combine our experience in the sector with our knowledge and expertise of Financial Services Authority rules and regulations to deliver practical support based on a real understanding of your business.

We help you by providing support with:

• FSA authorisation: we have assisted businesses and individuals with the preparation of applications for authorisation by the FSA and work with several specialist providers in this arena. We can advise on the process from the outset or conduct quality reviews on submissions already compiled.

Our own expertise includes:

• preparing and reviewing financial forecasts
• advising on regulatory capital requirements
• advising on capital structures
• reviewing systems and controls  

• Compliance: we have extensive experience in helping clients identify, map out and develop solutions for compliance problems in financial matters, including assistance with the preparation of RMAR forms. Whether you have been subject to a regulatory intervention or have identified areas of concern internally, we can help you develop a plan to address these issues.
  
• Money laundering: we focus on helping you implement sound practices to protect your business from financial risk. Our money laundering experts work closely with our Insurance Services team to ensure that you are up-to-date on current best practice and FSA guidelines.

Recent work with which we have assisted clients includes: 

• reviewing capital resources requirements in light of the forthcoming end of transitional rules concerning the exclusion of goodwill from capital resource calculations from 14 January 2008

• advising on options to resolve any capital shortfall arising.