Alumni Compliance, a London-based consultancy, has announced two new specialist services aimed at helping UK firms navigate the Financial Conduct Authority (FCA) registration and authorisation process.
The first service is designed to support money remittance and hawala firms seeking FCA registration or authorisation as a Payment Institution for money remittance services. The second service focuses on Buy Now Pay Later (BNPL) firms, providing support for both new entrants seeking FCA authorisation and existing providers preparing for Regulation Day.
According to a spokesperson for Alumni Compliance, their mission is to “remove friction from authorisation and embed controls that scale.” The consultancy is staffed exclusively by former FCA personnel, giving them a unique insight into the expectations and requirements of the regulator.
Their services cover a range of areas, including product design and disclosures, Consumer Duty and affordability standards, fair financial promotions, and robust merchant oversight. The consultancy’s goal is to help businesses meet FCA expectations while focusing on their customers.
Alumni Compliance’s expertise in both money remittance and BNPL is a key selling point for their services. They offer confidential initial consultations for firms interested in their services, with no obligation to commit. These consultations are designed to provide senior management teams with a better understanding of how Alumni Compliance can assist them.
About Alumni Compliance:
Alumni Compliance is a boutique consultancy specializing in FCA authorisation, money remittance and hawala compliance, and BNPL. Their team is made up of former FCA staff, providing them with a unique perspective on the regulator’s expectations. They aim to deliver sustainable compliance, fair value, and improved customer outcomes for their clients.
For more information, please visit www.AlumniCompliance.com or contact contact@alumnicompliance.com or +44(0)208 058 5228. You can also follow them on LinkedIn, Instagram, Facebook, and Google.
This news story was distributed by https://pressat.co.uk/.
