GOVERNANCE RISK & COMPLIANCE SOLUTIONS
SERVICES
AUTHORISATIONS
At K2 we offer comprehensive FCA authorization services for payments, trading, and brokerage firms. Our team of experts has extensive experience in navigating the complex FCA regulatory requirements, and we provide customized solutions to meet the unique needs of each client. Our FCA authorization services include assessing your firm's readiness for authorization, preparing and submitting the necessary applications and documentation, and providing ongoing support to ensure continued compliance with regulatory requirements. We understand that obtaining FCA authorization can be a complex and time-consuming process, which is why we are committed to providing our clients with a seamless and efficient service, allowing them to focus on growing their business. Contact us today to learn more about our FCA authorization services and how we can help your payments, trading, or brokerage firm obtain regulatory approval.
AML AUDIT & SAFEGUARDING REVIEW
K2 offers AML audit and safeguarding reviews to help ensure that your business is fully compliant with anti-money laundering regulations and is taking appropriate measures to safeguard against financial crime. Our team of experts has extensive knowledge and experience in conducting audits and reviews, providing you with comprehensive insights into your compliance processes. We work closely with you to identify any potential weaknesses in your AML and safeguarding procedures, providing practical recommendations to help you address any issues and improve your overall compliance posture. Our services are tailored to meet the specific needs of your business, whether you're a small start-up or a large enterprise.
COMPLIANCE HEALTHCHECKS
Is your business meeting all the required regulations? Even well-managed companies may have vulnerabilities or lapses in compliance. Our Compliance Healthcheck offers you assurance and peace of mind by verifying that you have the necessary measures in place. This includes assessing your policies, procedures, manuals, and documentation, as well as examining the efficiency of your compliance framework as a whole.
CUSTOMER DUE DILIGENCE
If you're a company operating in the financial services sector, such as a payments, e-money or investment firm, you're subject to the Money Laundering Regulations. This means you're required to regularly review your customer records to ensure that the information held is accurate and appropriate for each customer's level of risk exposure.
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However, reviewing customer due diligence records can be a time-consuming and resource-intensive process. The increasing cost of compliance, constant changes to regulations, and internal resource constraints can lead to backlogs in CDD refresh or even delays in onboarding new customers.