SMCR Top Tips
We’re seeing lots of requests recently for SMCR training and support and I thought it might be useful to put together some top tips/things to think about for those responsible for this part of the business. There are links for more…
Tag Tips
Top Tips for Effective Compliance Risk Assessments
A robust compliance risk assessment isn’t just about identifying risks—it’s about understanding how to manage them effectively and demonstrating you have thought about potential scenarios and planned how to control their effects. From my experience, successful assessments rely on honesty, precision, and a prevention-first…
4 Practical Tips to Tighten eComms Controls
Introduction In recent years, the financial services sector has witnessed a series of regulatory fines imposed on firms due to inadequacies in maintaining comprehensive records of employee electronic communications (e-comms). The latest news involves a new round of fines totalling…
7 tips to enhance your Market Abuse Risk Assessment
The regulator is increasingly asking to see your market abuse risk assessment and often at short notice. In this article we provide some tips on what you should be considering as you refresh your own market abuse risk assessment. It…
8 Tips for a good compliance risk assessment
Recently, at the request of a client we created a compliance risk assessment template for our online shop. As is often the case with product requests the person asking is not alone in their need and our risk assessment template…
Principle 11: 6 tips for firms with no FCA supervisor
Principle 11 is important and the most frequently quoted principle in final notices. You must be open, honest, and transparent with the PRA and FCA. You need to be telling them what they would expect to know about. First FCA…