The gate complex of an ancient Israelite city was more than a mere passage into the town, or a defensive military structure. It was the civic forum, the heart of the city. The open spaces of the gate complex hummed with activity: the town’s elders oversaw legal procedures, kings publicly sat and took counsel, and prophets proclaimed their messages of doom. During peacetime, city gates became the focal point for social and commercial activity. The chambers operated as a city hall where legal matters and business transactions were conducted.
It was where newcomers would be welcomed and news, both local and international, would be communicated. The city elders would sit at the gate and in their presence, land could be bought or sold, marriages solemnized, and binding oaths sworn. The fact that any matters brought here would be open to question, subject to a form of regulatory compliance and scrutiny, by respected community leaders and other passers-by spoke of honesty and transparency, compliance with laws and gave the events legitimacy.
The setting may have changed dramatically, but the compliance and regulatory framework for what is now the modern-day financial services industry remains the same. Nowadays, FCA regulated firms and their business activities must be appropriately authorised and firms must have a robust compliance framework and anti-money laundering checks in place.
FCA regulated firms are required to have a team of compliance professionals or compliance consultants who ensure that business activities are subject to appropriate regulatory compliance and AML compliance scrutiny, policies and procedures.
Alexander Jon area team of experienced Compliance Consultants and Compliance Professionals whose aim is to provide a bespoke range of services to firms, including:·
• FCA Authorisation / Regulatory Hosting
• Financial Crime (AML, Bribery & Corruption, Fraud and Tax Evasion)
• Training(AML, Financial Promotions & Data Protection)
• Compliance Consultancy & Data Protection Consultancy
We provide these services across the many sectors
of financial services including:·
• Asset Management & Corporate Finance
• Payment Services & E-money
• Cryptocurrency, Digital Assets & Fintech
• Consumer Credit
To learn more about our full suite of compliance services
please contact us via the contact form here
and we will come back to you within 24 hours.