File Checks and Quarterly or Annual Reviews
Our professional and thorough approach to compliance is designed to take the pressure off financial service providers and allow you to focus on doing what you do best.
Based on our initial discussions and findings with you, we can put in place a system of periodic and rigorous compliance checks, performed by your dedicated Richdale Account Manager in conjunction with your nominated Richdale Compliance Officer.
Monthly, quarterly and ad-hoc compliance reviews
Our team will compile Key Performance Indicators (KPIs) and Management Information (MI) reports based on your Business Registers. These will then be analysed to select specific clients or cases to be reviewed for compliance purposes.
What else is included in a periodic compliance review?
- Compliance Checklists are completed, and a full report is generated for you to review together with your dedicated Richdale Compliance Officer.
- Areas for improvement will be pinpointed during your periodic review and set into motion to ensure these are acted upon.
Ad-hoc checks may also be conducted with your prior knowledge, to ensure employees maintain compliant performance.
Our team are delighted to offer a free, impartial consultation on your compliance requirements, with no obligation to sign up to any of our services.Request a consultation
Annual compliance reviews
At the end of each business year, your Richdale Account Manager – in conjunction with your Richdale Compliance Officer – will conduct a full review of all company documentation to ensure it is up-to-date with your firm’s circumstances and the FCA’s regulatory framework.
Your Richdale Compliance Officer will also complete full annual reports on your behalf spanning all areas of your operations:
- Business Risk;
- Compliance Manuel;
- Money Laundering;
- Data Security;
- Treating Customers Fairly (TCF).
GABRIEL is the Financial Conduct Authority’s (FCA) online system for collecting and storing regulatory data on all financial service providers across the UK.
Your Richdale Account Manager can complete all GABRIEL reports on your behalf, well ahead of their due dates.
All Richdale clients receive free subscriptions to requisite software and programs, including:
- Sanction Search;
- Richdale Portal;
- And others;