Compliance Consulting
Giving you peace of mind to focus on the business
Services
At Fundsure, we specialise in providing expert compliance consulting services for fund managers (AIFMs) and other related parties in an advisory capacity or deeply hands-on as ‘fractional’ Compliance Officers, supporting SMF16/17s, helping regulated businesses and navigating the complex landscape of regulatory requirements.
Our team of experienced professionals work closely with you to assess your unique needs, develop tailored strategies, and implement effective solutions that ensure full compliance with industry standards and government regulations.
We offer the guidance and support needed to mitigate risk, avoid costly penalties, and maintain a strong reputation. Trust us to be your partner in compliance, empowering your business to thrive in a rapidly changing regulatory environment.
Fundsure is a member of the the Association of Professional Compliance Consultants (APCC)
Fractional CCO
Our smaller clients that are investment firms or fund managers tend to use us as part-time compliance officers undertaking all relevant compliance activities to support the firm. This includes compliance monitoring, policies and procedures creation, review and updates, fit and proper assessments, SMF applications, attestations, best execution testing, regulatory returns, email and call monitoring.
Support to CCO/Compliance
We can also provide regular support to the Compliance Officer and/or team on a retained basis. This could be, for instance, all ad-hoc queries, compliance monitoring, reviewing financial promotions, ongoing projects and activities (such as Variation of Permissions or Annual Audits) or RegData and Connect returns.
MIFIDPRU Returns
We can also perform or check MIFIDPRU calculations for RegData returns on a regular basis. We take your balance sheet, P&L and AUM figures and prepare the returns on a quarterly basis for you to check and submit or submit them for you.
Compliance healthcheck/audit
We can healthcheck your entire business or just a part of it. We specialise in AIFMs and particularly the SYSC, FUND, COLL, COBS and MIFIDPRU sections of the FCA Handbook.
Risk Management
Proactively identifying, assessing, and mitigating investment risks to safeguard investors’ interests, including comprehensive 3LOD audits for enhanced accountability and protection.
Initial FCA Authorisation
Whether you’re a business lender, placement agent, advisory firm or full-scope AIFM, with or without MiFID permissions, we can help you prepare and submit an application for Part 4A permissions or Annex 1 supervision. We can help with all aspects of the application and project manage it, tracking preparation of all forms and requirements.
Fundsure Portal
We provide all our clients with free access to the Fundsure Portal, our online regulatory tool for tracking compliance monitoring, attestations, training, registers and PA dealing requests. As an add-on we can also provide access to all our training materials, which are focused on the asset management space and have specific scenarios.
Regulatory Updates
We also provide all our clients with a quarterly review of regulatory updates in the UK and EU as well as enforcement news. This helps our clients keep ahead of the game and prepare for new legislation or rules before they are live.
Governance
Developing and maintaining reliable governance frameworks to ensure effective oversight and accountability, fully aligned with key sections of the FCA Handbook, including SYSC, FUND, COLL, COBS, and MIFIDPRU, along with their ongoing updates. Including attending and advising board meetings and drafting draft minutes.
Regulatory Reporting
Streamlining the preparation and submission of essential reports, including Annex IV and MDP extracts to the FCA in full compliance with AIFMD UK mandates. We also handle RegData and Connect submissions with precision and efficiency.
Fundsure Portal
Fundsure Portal is an online regtech GRC solution which allows compliance officers to track, monitor and authorised a variety of functions will full audit and export capabilities. We have a number of core apps within the portal as detailed below.
Monitor and Testing - Organise and centralise your firm's Compliance Monitoring Plan. Remove the need for paper-based task, replace spreadsheets.
Documents and Attestations - A central location for all your company compliance documentation. All documents can be attestable by staff.
Tasks Monitor - Create ad-hoc reminders to colleagues to complete compliance tasks. Monitor personal, company and all staff tasks.
Registers - Centralise your company's registers in one place. Custom workflows for approval items.
Calendar - Task calendar, tracks personal, company and team tasks in place.
Reporting - Report on any piece of data in the system. Export reports into excel, word, PDF for MI.
Approvals - Approval workflows can be configured for things like; Gifts, PA Dealing, breach handling
Open Registers - Key information that needs to be stored but may change like a conflicts of interest register. All changes auditable.
Affirmations - Periodic staff affirmations can be automated and reminders sent at key dates.