We have worked with LWF over the last 10 years since authorisation with the FSA (FCA). During this time they have provided us with the ongoing compliance guidance and advice needed to deal with the ever growing complexity of UK regulation. Working in "partnership", LWF has helped us develop a robust compliance culture and implement comprehensive controls as our business has grown"
We provide cost effective regulatory and compliance advice, guidance and assistance that is clear, practical and relevant to the nature and size of your business.
Our aim is to ensure that your regulatory and compliance obligations and responsibilities are met in the most cost effective and efficient manner.
Our specific services include:[Show All Expanded]
Provision of regulatory and compliance advice and guidance to you on either a periodic basis or an ad hoc basis when required by you.
To undertake risk assessments and compliance reviews on either a periodic or an ad-hoc basis on site at your offices, including but not limited to:
An assessment of the type and scope of FCA Pt 4A Permissions required to undertake the investment services that you propose to conduct in the United Kingdom and to ensure that you meet your UK regulatory requirements for Authorisation.
Preparation of an appropriate Pt 4A Authorisation application with supporting documentation to accurately reflect your business model, including but not limited to:
The scope of the Alternative Investment Fund Managers Directive (AIFMD) is broad and, with a few exceptions, covers the management, administration and marketing of alternative investment funds (AIFs). Its focus is on regulating the Alternative Investment Fund Manager (AIFM) rather than the AIF.
An AIF is a ‘collective investment undertaking’ that is not subject to the Undertakings for the Collective Investment of Transferable Securities (UCITS) regime, and includes hedge funds, private equity funds, retail investment funds, investment companies and real estate funds, among others. The AIFMD establishes a European Union (EU) wide harmonised framework for monitoring and supervising risks posed by AIFMs and the AIFs they manage, and for strengthening the internal market in alternative funds.
The AIFMD also includes new requirements for firms acting as a depositary for an AIF.
LWF will undertake an assessment of the type and scope of firm subject to the AIFMD; prepare an appropriate AIFM Authorisation application with supporting documentation to accurately reflect your business model, including but not limited to:
The European Union Venture Capital Funds (EuVECA) Regulations are voluntary and facilitate cross-border marketing and fund-raising whilst sparing smaller funds the disproportionate costs and burden of authorisation under the Alternative Investment Fund Managers Directive (AIFMD).
EuVECA is only available to managers of Collective Investment Undertakings (CIUs) established in the European Union (EU) and falling below the AIFMD threshold of €500 Assets Under Management (AUM) (applicable to managers managing unleveraged, closed-ended Alternative Investment Funds (AIFs)) and subject to registration with the Regulatory Authority in their Member State.
LWF will undertake an assessment of the type and scope of firm subject to the EuVECA; prepare an appropriate registration application with supporting documentation to accurately reflect your business model, including but not limited to:
Ongoing provision of regulatory and compliance consultancy services, including independent compliance monitoring reviews, regulatory advice and guidance to you, including but not limited to:
Provision of regulatory and compliance reports and management information to your Board of Directors or Management Committee, including but not limited to:
Assistance with the establishment and implementation of regulatory and compliance training and competence arrangements, including but not limited to:
Arranging appropriate training in regulations and compliance, including but not limited to:
Assistance with the completion and submission of all regulatory financial returns, forms and formal reports to the FCA.
Undertake special projects at your request, including but not limited to the provision of regulatory and compliance guidance and advice on specialist fields ranging from:
To ensure that your business meets its UK regulatory requirements, the provision and implementation and ongoing monitoring of the regulatory infrastructure, including but not limited to arrangements covering:
Help with establishing policies and procedures – for example procedural manuals for recruitment, training and competence, complaints handling and anti-money laundering; which may also include templates for specific disclosure documents, fact-finds and registers.
For more information about LWF Consulting and its services, please Contact Us.