Business Issue
A London-based money transmission firm was in the early stages of a funding round and needed to demonstrate to potential investors that its compliance framework met all required regulatory standards. A full-scope compliance audit was essential to support the firm’s wider due diligence process.
Solution
fscom conducted a comprehensive off-site document review, followed by an on-site assessment of the firm’s AML/CTF framework. Initial findings were presented to the client’s team, providing an opportunity for clarification and management response before finalising the audit.
Benefits
The firm received a detailed audit report confirming that regulatory standards were met, which gave confidence to investors and other stakeholders. The successful completion of the compliance audit supported the firm in progressing through its funding round without delay.
Client
Feedback
The client valued fscom’s clear, professional process and the depth of expertise brought to the audit. They highlighted that the support provided played a crucial role in enabling them to meet due diligence requirements and engage confidently with investors.
