The rules and compliance regulations set out in the Financial Services and Markets Act 2000 and the Financial Conduct Authority (FCA) handbook must be strictly adhered to.

Therefore it is imperative that authorised firms have adequate policies and procedures in place to ensure they are compliant.

Our FCA compliance solicitors can carry out audits of your firm’s policies and procedures and provide recommendations to ensure that your firm is compliant. We can also ensure you are compliant money laundering and bribery and corruption regulations.

We advise companies on whether they need FCA authorisation to conduct their business and assist with the application.

Our experts also have experience in dealing with the Regulatory Decisions Committee (“RDC”) and Upper Tribunal where applications are refused by the FCA.

Skilled Persons Reports

The FCA has far reaching powers to request a ‘Skilled Persons Report’ – whereby an independent firm of accountants or solicitors undertakes a review of its business in order to identify weaknesses or failings.

Skilled Persons Reports are usually required when the FCA has concerns about a business or where a business has self-reported its own concerns.

Recent years have seen more businesses coming under scrutiny and the FCA’s powers to commission a Skilled Persons Report have been strengthened.

Our regulatory solicitors have extensive experience of FCA regulation and can help you and your business deal with a s 166 review and report.

If you are facing an investigation, Our FCA regulatory and fraud solicitors have represented individuals in some of the most high profile cases brought by the financial regulator.

We are experts in advising clients in the most complex financial service regulatory and criminal investigations at every stage, from internal company investigations to interviews under caution, offering clear and pragmatic advice with successful outcomes.