How can we help?
Developments in the FinTech sector occur at a break-neck pace. Innovating and adapting to this changing environment requires a huge amount of a firm’s resources. As a result, regulatory compliance can quickly take a backseat and become an afterthought.
FinTech firms are however regulated in the same way as other traditional financial services firms. They therefore need to be authorised by the FCA or PRA in the UK before they can carry out regulated activities, and require continued monitoring and have ongoing regulatory reporting requirements.
Due to the complexity and wide range of variety in terms of the nature of the Fintech sector, the following steps are important to Laven in order for us to provide precise compliance support to you:
Laven has extensive experience with completing, assisting with and reviewing FCA Applications within the FinTech sector. We can also assist with the creation of Regulatory Business Plans, Financial Forecasts, Policies and Procedures as well as navigating FCA Capital Requirements.