Regulatory & Legal Advice and Support

A firm’s senior management is responsible for ensuring the risks posed by the firm’s operations across all applicable FCA source book requirements are understood, codified, and are a standard board agenda item, especially the business critical risks of failing to follow specific conduct of business rules (ICOBS) and the need to ensure and demonstrate good customer outcomes under the Consumer Duty.

The same can be said for the firm’s wider legal and regulatory responsibilities, around domestic and international trading practices, company structures and ownership, understanding of basic insurance law and fit for purpose policy wordings and HR policy.

CORDComply partner with O’Connors, a commercial law firm which specialises in insurance regulation and all aspects of corporate law. 

Even for firms with their own in-house compliance and legal support, occasionally an independent assessment of the firm’s approach to regulatory and legal matters can be highly beneficial.

Contact CORDComply when you need that additional comfort that you are in a safe place when it comes to literally any FCA, ICO, Lloyd’s regulatory or legal question.