FCA Policies & Procedures
Creating, implementing and refreshing FCA policies and procedures
is important both for achieving FCA compliance and in pursuing best practice.
Your FCA policies and procedures underpin everything your business does. It’s vital that they are carefully designed and remain fit for purpose as the regulatory landscape evolves.
Your policies should guide your staff through the maze of FCA rules, clearly explaining the practical application of regulation.
They will need to cover the regulatory framework as it impacts your business, including areas such as data protection and the prevention of bribery and money-laundering.
Your procedures should be formalised as internal process documents. These should unambiguously detail the protocols staff should follow in order to deliver the best outcomes for every customer.
Perfecting your policies and procedures
IFA Consultancy can assist you in reviewing and refining your existing policies and procedures.
We can also apply our expertise to designing new ones which will aid your firm’s FCA compliance and enhance business performance.
As always, our service is personalised.
Rather than require you to shoehorn your current practices to fit a standard template, we will design and maintain policies and procedures that meet your specific business needs.
Because maintenance of fit-for-purpose policies and procedures is a continuous process, we will also provide policy updates in line with FCA revisions.
OUR POLICIES & PROCEDURES SERVICE
A complete, well-designed and constantly reviewed set of policies and procedures is essential for IFAs wishing to satisfy their regulatory obligations and operate to a gold standard.
IFA Consultancy can assist with the drafting, implementation and maintenance of bespoke policies and procedures for IFAs. Our services for IFAs span all relevant areas of FCA compliance.
Our compliance and regulatory support services includes:
- Treating Customers Fairly
- Authorised persons policies
- Training & Competence (T&C) regime
- Senior Managers & Certification Regime (SM&CR)
- Advisor supervision
- Consumer Duty
- Data protection
- Identifying and supporting vulnerable customers
- Anti-bribery
- Complaints handling
- Whistleblowing
To discuss how we can assist perfection of your policies and procedures, please call 01253 746755, request a call back or email us to arrange a consultation with our Principal Consultant, Kevan Thorn.
There is no charge for this initial consultation.