FCA Compliance Consultants
.webp)
FCA Compliance Consultants
The Financial Conduct Authority (FCA) can seem a pretty intimidating regulator; the rulebook is huge, and often complex.
Even the largest businesses sometimes find it difficult to keep up with the constant stream of rule changes, policy documents, and consultation papers. It is important to avoid the real risk of breaching FCA rules and regulations.
An FCA compliance consultant assists authorised firms, and those seeking authorisation, with ensuring their FCA compliance. For some firms, particularly those with little internal compliance capacity, consultants are an integral part of their compliance management. For others, compliance consultants are called upon when the firm has a specific compliance requirement.
Compliance obligations cannot be outsourced to a consultant but a good compliance consultant will enable a firm to meet its obligations through cost-effective solutions.
The FCA has produced a fact sheet about using an FCA Compliance Consultant.
When selecting an FCA compliance consultant firms should consider the following key issues:
- What experience does the compliance consultant have in the area of compliance that the firm requires assistance with, and is their knowledge up to date.
- What capacity does the FCA compliance consultant have, and do they have any contingency arrangements in the event that they are unable to undertake the work due to unforeseen circumstances.
- Are they able to provide workable solutions rather than just identify problems.
- Will they be able to work with key individuals in the firm, and will they add value to the firm.
- We’re not just an FCA Compliance Consultant; we’re a team of expert FCA Compliance Consultants with experience and proven results in all aspects of FCA compliance.
Ongoing FCA Compliance
As an FCA authorised person or firm, you might need help to ensure you comply with the FCA’s rules.
We provide our clients with support they need to maintain compliance and avoid breaching the rules. Our bespoke service is individually tailored to each of our client’s requirements and objectives to help them meet in the best way possible.
Whether you need documentation to help you remain compliant, want ongoing advice or support, impartial monitoring of your activities or anything else, MEMA may be able to help.
Why Choose MEMA?
Get started!
MEMA has been supporting firms through the FCA compliance process since 2019. In that time, we have helped hundreds of businesses to successfully gain and retain FCA authorisation.
We have a unique blend of experience from ex-regulators, big 4 consultants and fin/regtech specialisation. Our team is highly experienced and expertly skilled. We specialise in providing our clients with solutions to often complex regulatory requirements and compliance needs.
Our unique industry insight and comfort with compliance enables our team to support you to the fullest extent possible, helping to develop your business model and compliance.
Insights
FCA Consumer Duty
Regulation of the funeral plan market
Estate agency guidance for money laundering supervision- Part 1
.webp)
What are the FCA financial promotions and what internal controls should you set up
Financial crime poses significant threats that undermine market integrity and public trust
What are the FCA Fit & Proper Requirements and Conduct rules?
FCA's Portfolio Strategy on Claims Management Companies: A Detailed Compliance Guide for CMC Firms
Improving Oversight of Appointed Representatives in the Credit Broking Industry Introduction
Review of the Senior Managers & Certification Regime (SMCR)
Planning for FCA Authorisation
Understanding the FCA Culture and Governance requirements
What is the Appointed Representative Regime?
The Motor Finance Industry: How to Apply the Consumer Duty Principle
What are UK sanctions and how to conduct sanctions screening?
New restrictions on the financial promotions of crypto assets
Your key contacts
ADEMOLA OMOSANYA
Ademola is an accomplished consultant with over a decade of experience across regulation, banking, and consumer credit. As MEMA Consultants co-founder, he leverages extensive regulatory expertise to guide clients through critical processes and full compliance. His experience across sectors enables tailored solutions to complex business challenges. Ademola partners with clients as a strategic advisor to help futureproof their business through an in-depth understanding of the regulatory landscape.
MISAH MARAGH
Misah is a director at MEMA Consultants with over a decade of experience in financial services. Holding a legal background and postgraduate qualification, she previously worked at the Financial Conduct Authority. Misah has led compliance transformation for global consumer services organisations across Europe, the Caribbean, and Latin America. Her expertise includes implementing compliance frameworks for financial regulations, FCPA, UK Bribery Act, data privacy, and Sarbanes-Oxley. Misah is skilled at advising clients on operational and strategic projects, leveraging her in-depth knowledge of regulatory environments to deliver solutions tailored to complex business needs.
.svg)
.svg)