Implement Compliance Solutions & Resources Ltd, a team of compliance, risk and audit professionals launches.

Implement Compliance Solutions & Resources Ltd (“ICSR”) has launched, offering financial services businesses access to an advisory and consulting service with a resource pool that has a deep understanding of regulation and compliance theory combined with significant in-house experience. ICSR offers financial services companies a new flexible approach to advisory, consulting & resourcing services.

ICSR focusses on providing advice and services to clients in six main areas:

• Governance: corporate governance, compliance, legal, risk, audit and/or board effectiveness reviews through to Senior Managers Regime assessments.
• Start-ups: assisting with the application and implementation of all the necessary governance and risk, control and compliance frameworks for a start-up
• Advisory: advising on good practice in areas as diverse as Financial Crime, Conduct Risk, Data Protection and Privacy and Product Governance.
• Restructuring: supporting transformation projects required by a business in response to issues such as Brexit or post-acquisition.
• Regulatory engagements and interventions: we assist businesses where help is needed to prepare for or respond to new consultation papers, thematic reviews, the appointment of a skilled person or other intervention.
• Training: we provide support with embedding new Board Policies and underlying Processes after delivery or transformation.

The services can be delivered in one of three ways – on a pure advisory basis; advisory and implementation or simply by way of resource provision to complement an existing internal team during periods requiring additional resource. Kenneth Underhill, Director of ICSR said:

“Legal and Regulatory requirements within the financial services sector are becoming ever more complex at a time when companies are under increasing pressures impacting their business models and profitability. This is a business for those who seek more than just external advice. It is also for those who want to understand how to implement the advice in a way which matches their control frameworks and business model and may need help doing so. Our business aim is to provide pragmatic advice and support from highly experienced individuals when required at a very competitive price.”