Internal Audit Services

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At Complyport, we adopt a comprehensive “review-and-recommend” approach, inspired by the FCA’s model for appointing independent experts to undertake assurance reviews. Our seasoned team is dedicated to conducting thorough assessments of past performance, making actionable recommendations and supporting remedial activities to future-proof your business from an FCA compliance perspective. We also offer the option of appointing a named individual as your Internal Auditor, tailored to your specific needs.

Our Internal Audit services include:

Risk-Based Internal Audits: Leveraging our in-depth knowledge of regulatory frameworks and practical understanding of the financial services industry, we conduct periodic desk-based and/or on-site inspections using a risk-based approach to ensure compliance and mitigate risks effectively.
Customised Audit Planning: We analyse your company’s information, manuals and processes to create bespoke audit plans. This includes reviewing internal controls, operating performance, and compliance requirements against FCA regulations.
Compliance Health Checks: We systematically evaluate the adequacy and effectiveness of internal controls, operational performance and convergence with applicable legislation, providing targeted recommendations to mitigate identified risks.
Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) Checks: We perform rigorous compliance checks on client identification, due diligence and AML controls to ensure full adherence to regulatory expectations.
Internal Audit Reporting: Our team drafts detailed Internal Audit reports outlining key findings, weaknesses and recommendations. These reports are presented to your senior management and Board of Directors to support informed decision-making.
Systems Audit Trail Verification: We undertake meticulous audits of your systems, platforms and software to verify their suitability, efficiency, and control levels, ensuring they meet local regulatory requirements.
Extraordinary Investigations and Ad-Hoc Assurance Engagements: We conduct specialized audits and investigations as required, whether for possible regulatory infringements or for targeted areas such as corporate governance, enterprise risk management or fraud analytics.

With over two decades of experience serving more than 700 regulated financial services firms, our team possesses deep expertise in various sectors, including governance, conduct of business, prudential requirements and financial crime prevention. Our senior leadership collectively brings over 25 years of regulatory compliance and assurance experience, providing you with trusted guidance on initiatives like the Senior Managers and Certification Regime, Operational Resilience, and more.

We’re here to add value by ensuring that your business remains compliant at all times. Through diligent reviews, prompt identification of weaknesses and valuable insights, we help raise your level of compliance, keeping you aligned with the latest regulatory standards.

Reach out today to learn more about how we can support your compliance journey.