Business Issue
A European payments firm was in the process of being acquired by a private equity firm. To ensure the acquisition proceeded smoothly, the payments firm needed a comprehensive internal review of its compliance with regulatory obligations, including AML, payment services, and data protection.
Solution
fscom was engaged to conduct a thorough "root and branch" review of the firm's compliance framework. This involved assessing the firm’s adherence to key regulations across multiple areas. After identifying compliance gaps, we provided project management and expert guidance to address and remediate the findings ahead of the acquisition’s due diligence process.
Benefits
The payments firm gained a clear understanding of its compliance shortcomings and received practical advice on how to address them. By proactively remediating the identified issues, the firm improved its compliance posture, reduced regulatory risks, and ensured the acquisition could proceed without delays or compliance-related concerns.
Client
Feedback
The client appreciated fscom's thorough approach and timely execution of the remediation process. They felt reassured that the firm was in strong compliance standing before the due diligence, which enabled them to move forward confidently with the acquisition process.
