Chasing your tail,

walking the treadmill,

or juggling with a ton of
loose soot?

No matter what you call it, the work involved in meeting the regulator’s requirements is, as you know, a never ending, growing, day-to-day necessity. And even if you doing your level best to follow the regulations - or implement new systems and controls - are you absolutely sure that all the t’s are crossed and every i is dotted?

As you know, the regulator is taking failings in the mortgage advice process very seriously indeed. In most instances firms fall down not for lack of trying, but simply because the devil is in the detail and there’s more and more of it! If you read the extract from our XXXXXXX 2007 newsletter which is enclosed with this letter, you’ll see where we stand on the outcome of the FSA’s mortgage regime review.

Your business revolves around clients; ours revolves around you

Currently, we’re working with over 5,000 Directly Regulated and Authorised Representative firms. So we’ve yet to see – and we’ve been providing compliance services for 20 years - a regulatory issue that we’ve not provided expert and robust advice on before. Plus of course, working with so many firms means that we often spot potentially problematic issues ahead of the regulator!

An idea

Now I’m not suggesting that you abandon your DR status. What I am suggesting is that you take a couple of minutes to consider how we could take some of the compliance-based pressure off you. Or if you already use a support services provider, you might find it interesting to compare the scope of their offering with ours.

As little or as much as you want

Some of the firms we work with utilise every service we have to offer; others much less so. But no matter what the scale of a firm’s requirements may be, the one common denominator is a recognition that they’re vulnerable in some area or other. The question is: are you?
I’ve enclosed a menu of compliance support services that tells you precisely where we can help.
In closing, I would just like to emphasise that unlike most other service providers, we offer face-to-face advice. In other words, we can come to you and tell you exactly what needs fixing and hopefully what doesn’t.
Yours sincerely

A N OTher
Chief Executive Officer.