Telos Compliance

Welcome to Telos Compliance, a service offered by the UK management consultancy, Telos Solutions. The main Telos Solutions website can be accessed here.

We deliver an expert mortgage compliance service for mortgage people by mortgage people. Our activities include:

We help intermediaries carry out remedial action required by the FSA on past sales, and provide advice on how to avoid such action in future. We also help new entrants to the UK mortgage market understand the regulatory requirement and assist the process of gaining a Part IV Permission as well as helping existing regulated firms in changing their permissions.

The Telos Compliance service has been set up to to help firms and has access to some of the most experienced mortgage and general insurance resources in the UK. The quality of the experience of these individuals is marked by the fact that they have direct contact and influence with the regulator itself.

Specific services include:

Liaison and negotiation with FSA
Review of systems and controls
Past business review
Remediation calculations and processing
The FSA, under Section 166 of the FSMA (2000), can oblige a firm to take on a Skilled Person. There are very few recognised mortgage and general insurance Skilled Persons in the market, yet Telos is well placed to supply this resource. Our expertise has helped to shape the definition of what a mortgage Skilled Person should be.

Telos can help firms both large and small in every financial services sector and has the scalable resources through partnership to service clients anywhere in the UK.

This site covers all aspects of remediation and redress connected with alleged mortgage misselling and has many useful links to external sites providing even more information on this topic.

For an initial discussion contact us here.