Why is Mpac different from other consultancy companies?
Mpac believes that one of its core values is in ensuring its services are tailored to the requirements of each client.
We recognise that no two firms are exactly alike, and that many different compliance situations occur. This means that every problem or obstacle needs to be approached in an open-minded and constructive way if a solution is to be fully effective. Mpac tailors its services to the specific needs of each organisation by making sure it understands the commercial objectives and the regulatory problems, and before commencing work will communicate that understanding to the client. Mpac avoids an 'off-the-shelf' approach to issues which can leave clients feeling that their needs have not been sufficiently understood and can also weaken the company’s compliance culture in the eyes of the regulators.
Mpac consultancy services are tailored to respond to certain events particularly in the field of:
- Authorisations and “top-up” authorisations
- Outsourced Compliance
- Temporary high-level compliance oversight
- Ongoing compliance advisory work
- Advisory work on credit risk and operational risk issues
- Skilled persons work
- Senior management regulatory responsibility briefings
- Compliance induction training and programmes
- Exchange membership applications
- Preparation for visits by FSA and exchanges
- Healthchecks of the compliance function and its procedures and monitoring processes
- Provision of and updates to compliance and money laundering procedures
- Provision of tailored risk-based compliance monitoring programmes
- Themed compliance training (e.g. Training & Competence, Money Laundering, Market Abuse etc.)
- Disciplinary and enforcement issues
- Expert witness work
