Our services vary from regular advice to managing your whole Risk and Compliance functions for you. We understand each firm is different and tailor our services to fit your firm and its objectives. We can be external, or provide you with a regulated person, such as a Compliance Officer, Money Laundering Reporting Officer/Nominated Officer or non-SMF role, such as a Risk Officer.
Applying for authorisation and variation of permissions
Establishing your full compliance regime, including manuals, policies and procedures
Monitoring appointed representatives (AR) and financial promotions activities
FCA communications, regarding all compliance matters
Enforcement and investigations assistance
Assistance in preparing for FCA visits and inspections
Risk and compliance audits
Senior managers and certification regime (SM&CR), including mapping and internal certification
Training of staff and assisting with maintaining fit and proper status
Providing you with compliance related personnel, to be authorized on your firm’s register
Internal Capital Adequacy Assessment Programme (ICAAP)
Monitoring of financial promotions
Claims Management Companies
Claims Management Companies (CMCs) are authorised and managed by the Financial Conduct Authority. Claims management activities are regulated activities, including lead generation and referrals to CMCs. Culverlands can assist CMCs with their compliance obligations by establishing, implementing and managing a comprehensive compliance regime. We can also can assist CMCs that have established and operating compliance systems by providing compliance audits, as required under FCA rules.
Funding enterprises, such as venture capital firms, governmental organisations and non-profit contributors are not always able to track specific details on the invested business or project. You are required to ensure your investment yields a minimum IRR and sometimes hope the management of the investee is able to deliver as promised. Although VC funds and firm often have a seat on the board, big picture management must be brought down to performance measurements and tracking tools. Social funds and governmental funding organisations regularly fund entities for both profit and non-profit reasons. These could be social initiatives or small business funding. What joins them all is the need for the recipient of funding to succeed. The funder needs to ensure that the recipient will manage and operate along contractual agreements and principles. Monitoring should include maintaining principles within your funding mandate and helping recipients achieve.