FAP Advisory & Managed Compliance
Technology where it fits. Expertise where it matters.
Specialist regulatory advisory, practical delivery and managed compliance support for payments, FX and regulated financial services firms — alongside platform implementation or as a focused engagement.
Engagements can be structured as a focused review, project delivery, interim senior support or a defined build-and-transition programme.
Financial Crime, Compliance & Remediation
A practical control framework and prioritised remediation programme that teams can operate, leaders can oversee and reviewers can evidence.
Typical support
- AML, sanctions, PEP and adverse-media controls
- Customer and business-wide risk assessment methodology
- Transaction monitoring, SAR governance and escalation
- 1LOD and 2LOD design, internal reviews and QA testing
- Compliance control testing and gap assessments
- FCA review, investigation and wider regulatory remediation support
- Remediation governance, implementation tracking and effectiveness testing
- Board and committee reporting packs
Deliverables
- Control and findings assessment
- Prioritised remediation plan
- Implementation evidence and assurance reporting
Engagement approach
Independent challenge combined with hands-on delivery: review the business model and controls, diagnose weaknesses, prioritise action, implement sustainable improvements, test effectiveness and report clearly to senior management.
Discuss this workSafeguarding & Client Funds
A clear, evidence-led view of safeguarding readiness, priority gaps and the practical actions needed to strengthen arrangements and prepare for assurance or audit.
Typical support
- Governance, policy and accountability
- Relevant funds identification, segregation and the settlement chain
- Daily internal and external reconciliations
- Shortfall management and escalation
- Bank and provider due diligence
- CASS resolution pack readiness
- Registers, management information and REP027 where applicable
- Audit evidence, remediation actions and follow-up checks
Deliverables
- Findings summary
- Prioritised remediation plan
- Evidence checklist
Engagement approach
A consultancy-led independent readiness or gap review, tailored to the firm’s operating model and safeguarding method. Work can extend into remediation support and follow-up testing; it does not replace a statutory audit where one is required.
Discuss this workBanking & Payment Partner Applications
A consistent, commercially clear due-diligence pack that anticipates the questions partners are likely to ask.
Typical support
- Application packs and due-diligence responses
- Business model, use-case and risk narratives
- AML, sanctions, safeguarding, complaints and fraud responses
- Follow-up Q&A and submission-readiness review
Engagement approach
Work directly with commercial, compliance and operations teams to close information gaps and build one defensible narrative.
Discuss this workWhite-label FX & Payments
An outsourced compliance function supporting day-to-day operations, regulatory responsibilities and the development of scalable white-label FX and payment business models.
Typical support
- Outsourced compliance support through flexible retainer arrangements
- Day-to-day compliance activities, payment queries and escalations
- KYC, screening, monitoring and ongoing control oversight
- Banking and regulated payment partner requirements
- Compliance framework development and preparation for future regulated growth
Engagement approach
FAP can operate as an extension of your business, providing ongoing compliance support through a flexible monthly retainer or assisting with specific regulatory and operational projects. We also help develop the frameworks, controls and governance arrangements needed to support future growth and potential FCA authorisation. Outsourced support is provided under an agreed scope and does not transfer the legal accountability of the regulated provider.
Discuss this workConsumer Duty & Customer Outcomes
A proportionate Consumer Duty framework that connects customer understanding, support and outcome monitoring to practical management action.
Typical support
- Pricing and disclosure reviews
- Vulnerable-customer framework assessments
- Customer-journey reviews
- Consumer Duty MI and Board reporting
- Outcome-testing methodology
- Remediation following regulatory or assurance findings
Engagement approach
Focused review and implementation support shaped around the firm’s business model, customer base, products, channels and evidence of customer outcomes.
Discuss this work