A member of our team discusses how fscom is trying to combat the uncertainties surrounding safeguarding:
'Safeguarding is not without its complexities and many of our clients feel there is a lack of clarity around what funds are relevant, when the obligation behings and ends and when reconciliation should happen. In fact, we recently wrote to the FCA on behalf of the industry to voice our concerns.'
We are specialists in providing regulatory advisory services to a broad range of financial services institutions including payment services and e-money, challenger banks, cryptocurrency, and investment firms.
We work across three core areas of regulatory compliance, financial crime and cyber security and provide a range of services including compliance advice, authorisations, audits, interim roles and compliance training.