Financial Services

Helping business succeed through robust assurance and relevance advice in a regulated and changing environment.

The UK financial services sector is one of the largest contributors to UK gross value add (GVA)1 and is one the largest and oldest global financial centres.

Innovation continues apace within the sector as established groups, entrepreneurs and disruptors respond to changing domestic and global markets and new opportunities are identified. Such innovation has contributed to a diverse and evolving financial services sector with differing professional and business advisory needs.

Recognising the range assurance and advisory requirements of the sector we have a multidisciplinary team who are able to support and provide assurance to new market entrants through to premium listed entities.

We focus on the following sub-sectors:

  • Listed and private investment funds
  • Asset and wealth management
  • Fintech
  • Insurance brokers and intermediaries
  • Commodity and currency brokers
  • IFA.


1
Calculated by ONS

Our services
Audit and Assurance
Taxation
Corporate advisory
Regulatory support
Business solutions
Audit and Assurance
  • Statutory audit
  • Internal audit
  • CASS audits
  • Risk management reviews
  • AML support and compliance
  • Forensic and counter fraud services

Taxation
  • Structuring advice
  • Direct and indirect tax advice
  • Compliance
  • Remuneration
  • Incentivisation planning 
 

Corporate advisory
  • Fundraising
  • Mergers and acquisition
  • Due diligence
  • Exit planning
  • Valuations
  • Inward
  • Outbound investment support

Regulatory support
  • FCA application
  • Compliance reviews
  • GAP analysis
  • Reporting support (Gabriel, COREP, RMAR)

Business solutions
  • A scalable outsourced business solution to support start-ups, existing businesses and inward investors.
  • Company secretarial support to incorporate your company.

Case studies 

Full service solution

We worked with a successful US reinsurance broker which was in the process of establishing an insurance intermediary business in London with a small staff and some US secondees. We worked with the client to provide a full back office solution including payroll, international mobility services, management accounts, compliance outsourcing, tax and audit. We provided the client with one main point of contact and our assistance enabled the firm to concentrate its resources on building its business in the UK.

 

Anti-money laundering

We assisted a UK Authorised Payment Institution with a review of its anti-money laundering systems and procedures. Our review included an assessment of the FCA and HMRC requirements against the firm’s business practices culminating in a written report of our findings together with recommendations.

Download Criminal Finances Act 2017 [pdf]

Failure to prevent the facilitation of tax evasion

  • What are the key elements under the offence?
  • What prevention measures can organisations put in place?
  • How can a breach occur and who is affected?
  • How we can help

Read more

Contact us

Rhodri Whitlock
Rhodri Whitlock
Partner, Corporate Audit
London