A compliance monitoring programme sets out how the firm monitors its ongoing compliance with regulatory requirements, including the frequency and scope of monitoring activity, who carries it out, how findings are recorded and escalated, and how the programme is reviewed. The FCA expects all regulated firms to have a risk-based programme proportionate to the size and complexity of the business.
We advise on the structure of compliance monitoring programmes, help firms design a risk-based approach appropriate to their business, and draft the programme documentation.