Banks and Lenders

Regulation & Compliance Services for Banks and Lenders

Due to the nature of Banks and Lenders, and the sector being highly regulated, is it essential to be independently assessed to confirm compliance with the range of legislation and regulations that impact on such organisations.

With financial sanctions and fines for non-compliance being significant, the drive to ensure an organisation does not fall foul with compliance is a priority.

Whilst most Banks and Lenders will have internal Compliance departments with experienced staff, there remains a need for independent assessment and audit to challenge the internal compliance regime.

Working within the requirements of the Financial Conduct Authority is not optional, but a primary concern for all Banks and Lenders.

As an independent body, AML & Compliance can fulfil this function, not only providing general support but also an independent audit function to assist in overall compliance strategy.

We have developed our services and solutions to provide Banks and Lenders with support through responding to all needs and demands.

Our services for Banks and Lenders include:

  1. Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) compliance
  2. GDPR and Data Protection compliance
  3. Bribery Act 2010 compliance
  4. Treating Customers Fairly compliance
  5. Employment Regulations compliance
  6. Complaint investigations, management and handling
  7. Financial investigations

 

To discuss how our team can work with you on an individual assignment or as an outsource provider, you can call us 0203 985 8553, email us at info@amlandcompliance.co.uk or complete an enquiry form.

Related Articles

The FCA has made it clear that they will continue to demand greater vigilance and enforcement, challenging banks to step up their focus on regulatory compliance.

In December 2021, the UK financial regulator fined HSBC a charge of £64m and rebuked the bank for “serious weaknesses” in its AML controls in recent years.

HM Treasury has published a consultation into the effectiveness of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the …