As a regulatory analyst I work on a variety of projects, ranging from helping new firms secure FCA authorisation to reviewing the compliance of established firms. I also keep the Compliance team up to date on the regulatory developments coming up in the UK, Europe and beyond. With Brexit on the horizon, I also inform the wider firm about Brexit updates affecting the financial services sector.
Before joining Bates Wells, I was a Compliance Analyst at the Bank of England working within the Markets and Banking Directorates. Prior to that, I worked within the compliance team at a prime brokerage firm, dealing with clients such as hedge funds, UCITS, wealth managers and AIFs.
I also have experience working at the FCA within the Authorisations division where I was involved in work regarding the Senior Managers & Certification Regime (SM&CR) for dual-regulated firms.
I reviewed documentation provided by the ARs, conducted interviews and drafted a report with recommendations on how they could improve their compliance framework.
During this session I gave practical insights into preparing for the Senior Managers, Certification and Conduct rules regime which will be implemented in December 2019.
Provided advice on things to consider in a no-deal Brexit scenario, this included data protection, marketing, contract continuity, provision of investment services within the EU and notifying clients about Brexit.