Services

Regulatory Compliance (ProComliance) offers a broad range of FCA related compliance services, which allow firms to benefit from its wealth of compliance experience. Pro Compliance offers an external, professional resource where firms don’t have the necessary skills in house, expertise in a particular area or quite simply need additional support.

We can help you with the following areas:

FCA Authorisation/Registration
Our prices our very flexible and could be tailored to suit whatever service(s) you require. Whether you need the whole application process done; from preparing documents to responding to the queries from FCA regarding the application, or you only need advice or guidance at a specific point in the application process, we will provide a suitable price to meet your needs. We provide our service for different financial institutions including:
- Small Payment Institution
- Authorised Payment Institution
- Small Electronic Money Institution
- Electronic Money Institution

- Consumer Credit Authorisation

Compliance Solutions
These activities could be viewed as an internal audit of controls and your existing compliance solutions or a review process with the aim of advising with regards specific regulations and requirements required by the FCA or relevant bodies.

This can involve:
- Anti-Money Laundering Guidance
- Internal Audit and Review
- Capital Adequacy
- Compliance Documentation
- Compliance Monitoring
- Due Diligence

Gap Analysis Report
We aims to provide a health check and detailed review

Compliance audits may involve one or more of the following:
- Anti-Money Laundering Guidance
- Testing the identity of the company and organization by MLR, FSA, and Companies
- Testing CDD, EDD, Risk Assessment, F & P Test verification
- Check Staff Training records and testing the standards of Training
- Sample Testing and verification of Record keeping procedures and records
- Testing the Risk Assessment and management procedures
- Testing the internal control, the monitoring and management of compliance

- Check the internal communication of such policies and procedures etc.

The new Consumer Credit regime
Your position as of today could me one of next:

- You have your Interim Permission in place, awaiting a date to be invited to Authorise in full, or indeed have a date already provided.
- You are an active Consumer Credit firm, but missed the deadline for applying for Interim Permission.
- You are considering starting a new business caught under the Consumer Credit regime.
- You are FSMA-Authorised already, and wish to add Consumer Credit to your permissions.
- You are not sure if what you wish to do is caught by the regime, or what the difference between Limited and Full permissions is, and how that may or may not apply to you.