Sample Compliance Manual Contents
Your Compliance Manual is the cornerstone of your documentary procedures in relation to your obligations both to your clients and the regulator. It is important that this document is up to date as the FSA would require sight of this, as well as other documentation, during an inspection visit.
BCRM has substantial experience in developing compliance manuals, and a sample table of contents is given below:
- FSA - high level standards;
- principles for business;
- top management responsibilities;
- whistle blowing;
- approved persons;
- authorization;
- financial promotions;
- record keeping requirements
- advertising procedures;
- financial requirements procedures;
- FSA breach procedures;
- inducement procedures;
- FSA notifications procedures;
- reporting procedures;
- personal account dealing procedures;
- treating customers fairly;