FSA Compliance

Financial services in the UK have become over-regulated. That said, the risk based approach which the Financial Services Authority has adopted towards regulation, coupled with it's More Principle Based Regulation (MPBR) are sensible and workable.

The Haven RM approach to the risk management of compliance is to assess in detail the regulatory risk of every area.

Having carried out the assessments the specific resource needed to address the risk is defined. In this way, valuable management time is concentrated on those areas where it is most needed, leading both to economy and efficiency.

"If it is not written down, it did not happen". We provide simple and straightforward methods of recording all activities and ensure that the 'audit loop' is closed.

Keeping the Regulator on side is an essential element in running a profitable business.

Please contact us for further information.