All firms have a duty to meet and maintain required capital requirements according to their regulatory permissions.
Mis-interpreting the regulations or having inadequate processes can lead to costly errors. Firms may inadvertently hold, or be forced by the regulators to hold, more capital or liquid assets than required, or the amount of business they do could be restricted.
Our team includes highly experienced accountants and compliance consultants, from industry and the regulator. They handle reporting for a large number of clients and have worked on s166 skilled persons reviews relating to capital and liquidity requirements.
Our Prudential team is led by Harpartap Singh, a recognised regulatory capital and liquidity specialist. He frequently speaks at conferences and industry seminars and regularly writes about the management of prudential risk”