Partners in Compliance

Our most popular service gives brokers ongoing access to the expertise required to reduce risk. It also includes a tailored monitoring plan to keep compliance on track.

By working in partnership with clients to thoroughly understand their business and distribution model, consultants ensure that they always give advice which is commercially viable, practical and relevant.

If your business would benefit from bespoke advice and a structured approach to compliance, we’d love to talk to you.

What’s included

Partners in Compliance includes:

• An initial review meeting
• A locally-based dedicated compliance consultant
• A minimum of four consultant visits per year
• Access to the Compliance Hub
• Hot TopICS, a regular compliance update with specific relevant actions
• Stop Press, a round up of industry developments
• One free licence for our E-learning system
• One free place at regulatory workshops

The compliance process

At your first meeting, you’ll be invited to have a frank, ‘warts and all’ discussion with your consultant about the compliance health of your business, including documentation. This will enable them to identify any priorities or concerns and establish how they can help you overcome any barriers to compliance. The result is a unique compliance monitoring programme which addresses all areas of compliance over a 12 month period.

Your compliance consultant

We encourage long-lasting collaborations between consultants and clients so your locally-based consultant will have ample time and opportunity to get to you know you and your business. Their advice will be relevant and informed and they will offer practical solutions, appropriate to your individual circumstances. We pride ourselves on being friendly, approachable and pragmatic, and the same is true for all our consultants.

The consultancy you need

You’ll enjoy regular support visits from your consultant (a minimum of four a year). The purpose of the visits is usually agreed in advance between you and your consultant and the time can be used as best meets your compliance needs. More often than not it will also be driven by the activities agreed within your compliance monitoring programme. Examples include:

• Full audits with RAG prioritised action plans
• Help establishing compliant policies and procedures e.g. sales processes including scripts, training & competence, financial crime, etc
• Support delivering effective and memorable staff training
• Help conducting file reviews
• Help completing Gabriel, Connect and other regulatory returns and notifications

For more information take a look at our brochure ICS Brochure