Time for a Compliance Healthcheck?

Today, the regulatory landscape is constantly changing. As firms juggle competing regulatory and commercial demands, it can be a challenge to know if their existing regulatory framework remains fit for purpose.

The FCA has long encouraged firms to proactively manage risk, identify and address any gaps or weaknesses. Using an FCA compliance consultancy to take an independent look for you brings many benefits, including providing a fresh pair of eyes and helping you direct your energies to the areas that will create most value.

If you want to get a real feel for what parts of your business are compliant, or a map to where any areas of risk may be, a compliance healthcheck may be the perfect solution.

What to expect?

At Adempi, our healthchecks are designed to help:

• Assess your compliance framework against the latest FCA expectations

• Highlight areas of strength

• Flag potential vulnerabilities before they escalate into bigger issues

• Provide a clear picture of the risks facing your business

• Identify clear actions so you can prioritise remediation tasks

  
  

1.      Tailored to your needs

Healthchecks can be themed to areas you wish to focus on or cover the full gambit of compliance obligations that FCA regulated firms face. Our standard healthcheck covers the areas that most frequently give rise to risk. 

To ensure our healthcheck service is tailored to your unique business needs, we start with an initial scoping call to understand your concerns.

2.      A fresh look at your compliance framework

To understand your current compliance arrangements, we review a range of documentation that capture your firms approach to regulation.

We can also arrange interviews with a range of staff to fully capture compliance culture and knowledge across your business.

3.      A comprehensive report to help you prioritise

Our gap analysis assesses your existing framework against FCA regulation, guidance and current best practice.

Our final Healthcheck Report sets out key strengths and areas to work on to meet current regulatory requirements. We provide a clear set of actions and recommendations to help you prioritise.

We are on hand to provide support throughout the remediation work and answer any questions you may have.

Why Adempi?

Our expert team delivers independent, practical, commercial advice and training with a personal touch. We are made up entirely of senior compliance professionals with a track record of delivering superb support to our clients. Together we bring a wealth of expertise across regulatory consultancy, in-house compliance, and from within the regulator. 

What our clients say:

“Adempi’s healthcheck helped us identify a number of areas we could focus on. As a growing business we wanted to undertake this exercise to ensure we have the right policies, procedures, and systems and controls in place to meet our regulatory obligations.”

Head of Compliance, Alternative Investment Fund Manager

Full Compliance Healthcheck including mock FCA visit

“It was a success. From the start of the financial crime review through to the remedial actions taking place now, Adempi has been very efficient and helpful. I’ve enjoyed working with the team and have learned a lot over the project. It’s been an all-in-all positive experience!”

Head of Risk, Venture Capital Manager

Anti-Financial Crime Healthcheck with remedial action support

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Adempi provides compliance advice that helps you accomplish. If you’d like to speak to one of our experts about a regulatory healthcheck, or any other form of FCA compliance support and training, you can reach us at contact@adempi.co.uk or on 0203 925 4761.