Financial services organisations often operate internationally and face strict regulation, which differs from territory to territory.
Despite efforts to harmonise regulatory demands (e.g. within the EU) there are still substantial variations. Mazars can support you, both locally and through our global financial markets presence, in understanding these complex regulatory requirements.
In addition, our Regulatory Adivsory Practice in the UK specialises in assisting clients with FSA regulatory matters. We can support you in addressing regulatory challenges including:
- preparation for supervisory (ARROW) visits
- governance (including SYSC) reviews
- principles based regulation
- compliance effectiveness, and interaction with other Control functions
- TCF and complaints handling
- themed visit reviews: financial promotions, bank charges and mortgage exit administration fees, payment protection – and remediation activity in these, and other, areas
- Approved Persons Reviews
- AML
- conflicts of interest
- on-call compliance advisory support
- regulatory briefings and training for both Board and staff
- provision of locum staff to support the Compliance function
