"...a firm must deal with its regulators in an open and co-operative way and must disclose to the FSA appropriately anything relating to the firm of which the FSA would reasonably expect notice."
FSA Principle for Business 11
Training and competence:
Our specialist team will review your T&C scheme and conduct of business documentation, interview key staff including sales management and review supporting documentation.
At the end of the review we will present a report that will enable your senior management to:
- Ensure that your arrangements satisfy the FSA Rules and Guidance
- Identify any actions to be taken
- Benchmark your arrangements against others in the industry
- Answer the 50 question in the checklist issued by the FSA
Taking corrective action:
Our team of compliance consultants can provide you with a broad range of technical compliance expertise relating to your regulatory and anti-money laundering obligations.
Having gained an in-depth understanding of your business and placed the need for ’corrective action‘ in the context of your business model and the products and services you offer, we can present advice to your senior management team.
Compliance operations and management:
At Momenta, we can supply you with interim compliance resource to support your internal compliance arrangements, or provide you with expertise and project management to assess the appropriateness of the compliance arrangements you have in place.
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