Financial Crime Managed Service
Managing and monitoring financial crime risks is a continuous task for organisations. Sometimes organisations will need specialist support but not enough to warrant an in-house specialist. We can provide a cost-effective managed or retained service giving you the expertise and advice when you need it and make sure you are compliant with regulatory requirements.
In particular for firms regulated by the Financial Conduct Authority (FCA) we can provide expert support to the Senior Manager allocated the Prescribed Responsibility role under SM & CR for the firm’s policies and procedures for countering the risk that the firm might be used to further financial crime. We can also manage the creation and retention of records required under SM & CR including ‘fit and proper’ person checks, training records, responsibility maps and handover documents.