Financial services

The financial service industry is a highly regulated one and those who wish to operate within this sector have an increasingly complex day to day business environment to deal with. FSA authorised business have had many real changes to contend with. The future will be equally challenging with continuing regulatory developments.

Helping our clients with current sector issues

We have a team of experts who specialise in financial services and have a deep knowledge of the issues facing businesses in this environment and understand the challenges faced by FSA regulated entities and provide a joined-up, partner led service to our clients.

We advise on a full range of business matters, from statutory audit, corporation tax and VAT planning and compliance and corporate finance advice through to risk management and FSA compliance matters. Our team of experts provide practical and commercial solutions to your problems, at all times being mindful of the highly regulated world in which FSA and similar regulated businesses operate, and providing solutions within this context.

Practical and relevant solutions to help your business succeed

Our clients range from small start-up businesses to large multinational and listed groups of companies, and include the following sectors:

• investment funds and VCTs
• unit trusts and open ended investment companies
• fund management
• independent financial advisers
• insurance broking
• stockbrokers.

In addition to compliance services such as audit and corporation tax, we also provide specialist advisory support, particularly relevant to the financial services sector. This ranges from areas such as risk management control, through to internal audit and monitoring procedures. At all times we work closely with our clients at Board and Shareholder level, helping to identify their business needs, and providing a suitably tailored service based on their requirements.

Recent publications

VAT Cost Sharing Exemption
The recent budget has confirmed that the 2012 Finance Act will introduce the much heralded cost sharing exemption into UK VAT legislation.

Viewpoints: Key financial comment and analysis for directors
The economy has entered that late winter period, we look at the challenges and opportunities ahead, as businesses cope with difficult conditions, while also positioning themselves to take advantage of rising demand when the economy improves.