Sophie Grace will conduct the external compliance audit at your office. Depending on the size of your organisation, this could take half a day or several days.
Suggested areas of review are listed below, however areas of focus can be tailored according to the requirements of your business:
- Compliance with FSA conditions;
- Anti-Money Laundering;
- Conflicts of interest;
- Breach reporting;
- Promotional material;
- Risk management;
- Dispute resolution procedures;
- Outsourcing arrangements;
- Compliance arrangements;
- Responsible officers;
- Appointing, supervising and training representatives;
- IT resources; and
- Human resources.