Services – Cord Comply

Our Services

See below for an outline of our services. Please contact us if you require further information or click the service below for more detail.

Full Service Outsourced Risk & Compliance Supervision (Brokers & MGA’s)

Let CORDComply manage and control your critical risk and compliance elements. For example;

Risk assessment and risk register creation.
Create required controls to manage risk and drive compliance monitoring program.
Run your compliance monitoring program and report.
Manage complaints, advise on incident reporting and action.

Click here for more detail.

Selected Service Outsourced Risk & Compliance Supervision (Brokers & MGA’s)

For firms not requiring a full services CORDComply have a suite of services that can be contracted as individual services or bundled service designed specifically for your business needs. For example;

Risk assessment and risk register creation and create required controls to manage risk and drive compliance monitoring program.
Firm runs its own monitoring program but could use CORDComply as a second pair of eyes.

Click here for more detail.

FCA Authorisation or Notification Application Management (AR’s & Principals)

CORDComply will manage the end to end process for any FCA application or notification including creation of key documents e.g. regulated business plan, polices etc. or review and comment on the versions held by the applicant.

Click here for more detail.

Regulatory & Legal Advice and Support

Ad Hoc or planned regulatory and legal support. In partnership with O’Connors.

Click here for more detail.

Lloyd’s Broker/Coverholder Application Management (Brokers & MGA’s)

Supporting firms wishing to become Lloyd’s brokers.

Click here for more detail.

Horizon Scanning: AR "Migration" to FCA Authorisation

We provide an Horizon Scanning service for upcoming FCA issues.

Our current focus is working with ARs looking to become authorised by the FCA as a result of increasing oversight demands and associated costs by Principals.

The Previous Horizon Scanning Topic: The Consumer Duty

The Consumer Duty will continue to drive FCA action through 2025 as they reflect on the findings from the senior management reviews of performance at the end of 2024.

CORDComply can assist your firm in reviewing the data you have collected to date and advise on how best to structure the management information to ensure the reports required by the board are fit for purpose and achieve the objective of demonstrating compliance with The Consumer Duty.

Boards are required to annually attest they are satisfied that good customer outcomes are being delivered by the firm.

The FCA expect a report and supporting management information to be in place in support of the board attestation.

The challenge for firms is how to ensure they have a proportionate and accurate view of how you are treating and responding to customers?

We can actively support you at board level by adding a rigorous external view of the Consumer Duty compliance environment and challenging your data and reporting standards, giving you the comfort that you can answers the questions the FCA may pose and demonstrate compliance.