Corporate finance firms help businesses raise funding and implement strategic transactions, supporting investment and growth.This brings responsibility: clients need to be able to trust that firms will act with integrity and manage any conflicts of interest. That trust underpins effective wholesale markets activity.In our Regulatory Priorities Report, we said we would assess corporate finance firms’ compliance functions and their ability to challenge the business effectively. We surveyed 411 corporate finance firms about their compliance resources and activities, receiving 382 responses. Although most firms reported carrying out key compliance activities, the findings also show where more needs to be done.There is no single blueprint for what effective compliance looks like. We found that firms operate a range of different practices. But the findings also underline an overarching principle that compliance cannot be seen as simply a series of tasks, but a culture that senior managers must embed throughout the business.
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What is FCA? We protect people by helping them understand some of the most common risks they might come across when using financial services.
We publish warnings about firms that are doing business without our authorisation, and we encourage consumers to report scams, potential harm or bad conduct to us.
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