Equities

As an equity trading firm, you're high on the FSA's agenda. Why? Because your activities can have a direct impact on market confidence - especially if you're firm deals with retail clients. To begin with, the FSA looks for the right systems, procedures and controls - and they'll want to see that you meet the requirements of SYSC. They'll also look for risk assessment - and procedures directly related to each risk.

Market abuse
Do you have the systems in place to prevent and identify market abuse? Don't worry - we can help. And if you suspect market abuse, we can discreetly and independently establish the facts. We can then advise you on what to do next - including a report to the regulator.

Transaction reporting
The rules are always changing - and recent disciplinary cases point to firms failing to identify new areas requiring transaction reporting. A thorough review of your transaction reporting will help keep you completely compliant.

Client money and custody rules
Are your procedures effective and up-to-date? More importantly, are people actually using them?  We can review your procedures and make sure they're as effective as they need to be.

OTC transactions
OTC transactions are outside normal market supervision - so the FSA sees them as a high risk. What's more, OTC trading usually requires your firm be authorised to conduct dealing as a principal.

Outsourcing
If you delegate some of your functions to an external provider, make sure their systems and procedures are up to the task. To find out more, visit our Outsourcing page.