Promoting Professional Standards in Compliance Consultancy
The APCC is the body for compliance consultants who advise firms regulated by the Financial Services Authority in the UK. It is active in enhancing the professional standards of compliance consultants and is recognised as a trade body by the FSA.
Professional Standards
The APCC is developing a framework of Professional Standards setting out best practice guidance for compliance consultants. These Professional Standards are to be adapted to meet particular client circumstances and are not intended to be rigid statements of required conduct...
more details
The Steering Council
The Steering Council meets regularly and directs the business of the APCC. Members of the Steering Council are drawn from a wide cross-section of the compliance consultant community. It is intended that Steering Council members will serve for up to three years after which they will retire but may put themselves forward...
more details
Appointing a Consultant
|
The FSA has recently published details of the forthcoming supervisory projects for the general insurance, mortgage and financial advice sectors of the market. One project that appears on all three lists is the role provided to the industry by compliance consultants and in particular the extent to which firms may over rely on consultancy firms and not retain sufficient overall control. The FSA aims, through its supervisory visits, to monitor the role of consultants and achieve a measurable improvement in the quality of advice...