NETWORKS

Networks are firms who are directly authorised by the Financial Services Authority (FSA) and act as a principle for their Appointed Representatives (AR). Generally they take on the compliance responsibilities for their ARs.

Telos can assist networks with a number of different needs dependent upon the life cycle of the business. Often outsourcing some of the policy analysis or remote file checking can bring cost savings to the network.

Networks looking to merge or acquire other networks can benefit from our ability to mobilize sufficient resources to conduct high quality pass business due diligence activity in a matter of days.

The seven key areas of service we offer to Networks are:

Compliance outsourcing
High Quality due diligence of past business (teams assembled within days of assignment)
Liaison and negotiation with FSA
Business advice
Review of systems and controls
Past business review
Remediation calculations and processing

Alternatively contact us to discuss your requirements.