Regulated Activities

We can assist all businesses in meeting their obligations under the Financial Services and Markets Act 2000, and assist regulated firms to meet Financial Conduct Authority handbook rules with a full range of services. The introduction of the Capital Requirements Directive, along with MiFID - the Markets in Financial Instruments Directive - and other directives, has led to a change in the regulatory landscape that many investment businesses are grappling with.

Additional changes in the UK's regulatory structure only increase uncertainty and complexity further. But we are here to help. Our team of experienced advisory and accounting professionals has more than 20 years of experience in the sector and our partners are readily available and committed to helping to support regulated businesses.

We have particular experience in helping:

  • Funds and other collective investment schemes, both regulated and unregulated
  • Hedge fund managers
  • Retail stockbrokers
  • Corporate finance firms
  • Energy market participants
  • Insurance brokers
  • Mortgage brokers
  • Representative offices
  • Independent Financial Advisers

The services we can provide include:

All businesses
  • Advising on the regulatory issues for businesses raising capital through share and debt issues
  • Advice upon the application of the City Code to acquisitions of public limited companies, whether quoted or unquoted
  • Limited liability partnerships: impact of rules concerning Collective Investment Schemes
Financial services firms
  • Helping you decide if you need to be authorised by the Financial Conduct Authority (FCA)
  • Helping you with your application for authorisation by the FCA
  • Providing outsourced accounting functions
  • Assisting with regulatory compliance issues
  • Tax planning and compliance advice

The audit services we can provide include:

  • Audits of statutory accounts
  • Audits of compliance with FCA client asset/client money rules
  • Providing review reports on interim profits
  • Audit of collective investment schemes under COLL sourcebook or Charities Act 1993 regulations
  • AAF 01/06 assurance reports on internal controls of service organisations
  • Audits of statutory accounts

If you are an MIFID investment firm, your annual financial statements will need to be audited. Typically, your audited financial statements will need to be filed with the Financial Conduct Authority within 80 business days of your year-end.

We are available to speak to you about any regulated business/investment business accounting or financial matter.

Please contact Richard Thacker to find out more about how we can help you and your business.