- Posted on: 12 February 2018
FCA compliance support for you and your broker network
Compliancy Services partner with regulated Consumer Credit lenders who wish to manage their own regulatory risk by ensuring the compliance of their broker networks. Our Funder Partners typically have distribution channels that might include equipment vendors, installation agents and other distributors. As the sale of finance is often made remotely from the funder it is critical for the lender to know that their brokers are operating compliantly. All too often, distributors and brokers such as this are not experienced in operating their business to FCA standards, creating a risk for the lender.
Our Compliance Select service offers a comprehensive suite of compliance tools, simply explained and delivered, that assist credit brokers to manage their FCA compliance, ongoing. Compliance Select, is a new way of delivering FCA compliance support to small firms, and it is of no surprise that we were awarded “most innovative consultancy” at our industry awards as a result.
We can tailor our support for each lender-partner to suit their products, and we offer preferential rates to our partners’ brokers.
Compliance Select contains a suite of compliance solutions. One of these is our online system containing a calendar and compliance plan to enable firms to keep on top of their regulatory obligations. Also Compliancy Guru, our online computer-based training tool, allows firms to ensure all necessary staff fulfil their training obligations by taking the relevant courses based on their role in the business.
We are proud to partner established funders such as Hitachi Capital Business Finance and Ikano Bank, and numerous niche funders, who wish to ensure compliance across their broker networks.