Financial Services

The Financial Conduct Authority is the conduct regulator for 56,000 financial services firms and financial markets in the UK and the prudential regulator for over 18,000 of those firms. As someone who provides pensions, provides investment advice or offers credit cards and loans you will be regulated by the FCA.

The Government has published new regulations transposing the Fourth Money Laundering Directive into UK law known as “Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017” (known as Money Laundering Regulations 2017). SZ Complaince work with you are you firm to:

AML/Sanctions/Bribery and Corruption

Assist firms with completing FCA authorisation applications
Ensure that they are able to demonstrate to the FCA that the appropriate CDD measures and procedures are in place
Prepare and guide you on how to conduct a good risk assessments
Review your CDD arrangements and requirements to comply
Assess your firms needs relating to Suspicious Activity Reporting – how and when
Review your MLRO’s annual report
Offer a bespoke tailored training package both face to face and online

GDPR

After four years of preparation and debate the GDPR was finally approved by the EU Parliament on 14 April 2016. Enforcement date: 25 May 2018 – at which time those organizations in non-compliance will face heavy fines. We can help by:

Conducting a full policy and process review to ensure there are adequate controls complying with regulations
Support in reporting breaches of data confidentiality to the regulator

MLRO/COFA

It can be a very lonely world as a MLRO/COFA. Having the option to speak to someone and discuss your initial thoughts in confidence can be extremely useful. SZ Compliance can hold your hand every step of the way.

Audit & Assurance

Financial Services

Ensure FCA compliance, implement AML regulations, conduct audits, provide training, support reporting, enhance risk management, develop policies, and ensure adherence to financial regulations.

AML/Sanctions/Bribery and Corruption

We assist firms with FCA authorisation applications, ensuring compliance with CDD measures. Our services include risk assessment guidance, reviewing CDD arrangements, assessing reporting needs, MLRO report reviews, and tailored training programs.

GDPR

After four years of preparation and debate, the GDPR was approved by the EU Parliament on 14 April 2016. Enforcement begins on 25 May 2018, with heavy fines for non-compliance. We assist with policy reviews, regulatory compliance, and breach reporting support.

MLRO/COFA

Being an MLRO or COFA can feel isolating. Having a trusted advisor to discuss your initial thoughts confidentially is invaluable. SZ Compliance offers expert guidance, ongoing support, and practical solutions, ensuring you're never alone in navigating complex regulatory challenges.

UK Financial Services

The Financial Conduct Authority regulates 56,000 financial services firms and markets in the UK, serving as the prudential regulator for 18,000 firms. If you provide pensions, investment advice, credit cards, or loans, the FCA regulates you.

The UK government has introduced new regulations implementing the Fourth Money Laundering Directive. The “Money Laundering, Terrorist Financing, and Transfer of Funds (Information on the Payer) Regulations 2017” aim to strengthen anti-money laundering measures and ensure compliance with financial crime prevention standards.

SZ Compliance works with you and your firm to implement AML regulations, conduct audits, offer training, and support regulatory compliance efforts.

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Providing expert regulatory guidance for financial transparency, governance, and compliance assurance.

Financial Services

AML/Sanctions/Bribery and Corruption

GDPR

MLRO/COFA

Audit & Assurance

Financial Services

UK Financial Services

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