Why leading firms choose us as their partner.
Buckingham Capital Consulting's professionalism, dedication, and unwavering commitment to our bank have been instrumental in providing comprehensive compliance and training solutions. Their deep understanding of regulatory obligations and best practices has empowered us to develop robust compliance policies and procedures. We are genuinely grateful for their exceptional support in fostering a culture of compliance within our organisation."
Since 2013, we've assisted numerous banks, including new and specialist banks in retail, private, and commercial sectors, in managing regulatory complexities. Our services encompass licensing, compliance, and consulting, tailored to the specific needs of businesses across the United Kingdom and Europe. With deep knowledge of banking regulations, we're well-positioned to guide firms of all sizes through the evolving regulatory landscape.
Our services for banks
Buckingham Capital Consulting assists banks in securing regulatory authorisations in the UK and Europe. Our expert team provides comprehensive support in compliance, operational setup, technology solutions, and financial management, ensuring your bank meets all regulatory requirements.
We guide you through the FCA authorisation process for banks, ensuring compliance with all UK regulatory requirements. Our comprehensive support includes application preparation, documentation, and liaison with the FCA, providing a seamless path to obtaining your license and operating successfully.
EU Bank Authorisation
We assist banks in obtaining authorisation across the EU, managing the complexities of European regulations to ensure a smooth market entry. Our services include drafting thorough applications, offering precise regulatory advice, and ensuring ongoing compliance. This ensures banks can operate effectively within the European Union's regulatory framework.
Compliance
We offer tailored compliance solutions for banks, ensuring adherence to all regulatory requirements. Our services encompass policy development, comprehensive compliance audits, and rigorous risk assessments. We provide ongoing advisory support to ensure that banking operations remain compliant and secure, minimising the risk of regulatory penalties.
Operational Support
We deliver ongoing operational support tailored to banks, covering risk management, internal controls, and daily operational guidance. Our expertise helps banks optimise operational efficiency, ensure regulatory adherence, and manage risks effectively. This comprehensive support fosters sustainable growth and operational excellence.
Financial Management
We provide extensive financial management services, including meticulous financial reporting, accounting, and audit services. Our team ensures that banks maintain accurate records and comply with all financial regulations. By streamlining financial operations and enhancing transparency, we support banks in achieving their financial and regulatory objectives.
Technology Solutions
We offer advanced technology solutions for banks, including AML systems, core banking infrastructure, and IT setups. Our services ensure that banking operations are efficient, secure, and compliant with regulatory standards. By leveraging technology, we help banks drive growth, enhance security, and improve overall operational efficiency.
Feel free to reach out if you need something more bespoke or have specific requirements that aren't listed above. We're here to help and would love to discuss how we can support you.
Why Buckingham Capital Consulting
Whether its compliance, authorisation or something else, its about being part of your journey.
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Expertise from seasoned experts
Our team of seasoned professionals brings a wealth of expertise to the table. With years of industry experience, we offer tailored solutions and are committed to supporting you through every stage of your journey.
Comprehensive Regulatory Support
We provide a comprehensive range of regulatory consulting services, including financial reporting, audit, compliance, training, and financial crime. Count on us to manage your needs with seamless support.
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Recent successful work
Buckingham Capital Consulting helps Nexpay obtain FCA Authorised Payment Institution licence.
Payment Institution
Buckingham Capital Consulting helps Hami obtain a payment institution licence in the UK to offer money remittance services.
Buckingham Capital Consulting advises Global Send on obtaining the Authorised Payment Institution licence.
Payment Institution
Buckingham Capital Consulting helps Onpoint Money Transfer obtain a payment institution licence in the UK to offer money transfer services.
Payment Institution
Buckingham Capital Consulting helps Dzing Financial obtain FCA Authorised Electronic Money Institution licence.
We help McMillan Cancer - one of Britain's largest charities obtain an FCA consumer credit licence to offer financial services.
Consumer Credit
Buckingham Capital Consulting helps HFS obtain its Electronic Money Institution licence in the UK with the FCA.
EMI
Buckingham Capital Consulting helps Europanpay obtain its Electronic Money Institution licence in the UK with the FCA
EMI
Our Publications
Download our free guide on FCA registration and authorisation and how to ensure a successful outcome with your application.
Success stories
Project: ClearBank
Overview
ClearBank sought our expertise to ensure compliance with the newly introduced Consumer Duty regulations. They needed comprehensive advice and implementation support to align their operations with the regulatory requirements and enhance their customer service strategies.
Scope of our work
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Detailed assessment of current policies and procedures.
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Development of a Consumer Duty compliance framework.
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Implementation of necessary changes to meet regulatory standards.
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Staff training on Consumer Duty requirements and best practices.
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Ongoing advisory support to maintain compliance.
Outcomes delivered
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Successfully developed and implemented a comprehensive Consumer Duty compliance framework.
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Enhanced ClearBank's policies and procedures to align with regulatory standards.
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Trained staff to ensure understanding and adherence to Consumer Duty requirements.
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Provided continuous support to maintain compliance and improve customer outcomes.
Conclusion
Our tailored advice and implementation support enabled ClearBank to achieve full compliance with the Consumer Duty regulations. The value delivered included a robust compliance framework, improved operational practices, and enhanced customer service strategies, positioning ClearBank for continued success.
Overview
Monument Bank engaged us to advise on and implement both Open Banking and Consumer Duty requirements. They needed expert guidance to integrate these frameworks seamlessly into their operations, ensuring regulatory compliance and enhancing customer engagement.
Scope of our work
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Comprehensive analysis of existing systems and processes.
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Development of an Open Banking integration plan.
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Implementation of Consumer Duty compliance measures.
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Coordination of system upgrades and process changes.
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Staff training on Open Banking and Consumer Duty practices.
Outcomes delivered
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Successfully integrated Open Banking capabilities into Monument Bank’s systems.
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Developed and implemented a Consumer Duty compliance plan.
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Upgraded systems to support new regulatory requirements and customer needs.
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Trained staff on both Open Banking and Consumer Duty requirements.
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Provided ongoing support to ensure continuous compliance and operational efficiency.
Conclusion
Our comprehensive support enabled Monument Bank to seamlessly integrate Open Banking and Consumer Duty frameworks. The value delivered included enhanced regulatory compliance, improved system capabilities, and better customer engagement, positioning Monument Bank for future growth.
Project: Monument Bank
Project: RBS Group
Overview
RBS Group required our support on a s.166 project, focusing on the sale of Interest Rate Hedging Products (IRHPs). They needed expert assistance to review and address regulatory concerns, ensuring compliance and mitigating risks associated with past sales practices.
Scope of our work
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Detailed review of past IRHP sales practices.
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Conducting a comprehensive compliance audit.
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Development of a remediation plan to address identified issues.
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Implementation of corrective actions and process improvements.
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Ongoing monitoring and reporting to ensure continued compliance.
Outcomes delivered
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Conducted a thorough review and compliance audit of IRHP sales.
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Developed a detailed remediation plan to address regulatory concerns.
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Implemented corrective actions to mitigate risks and improve practices.
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Provided ongoing monitoring and reporting to ensure compliance.
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Enhanced RBS Group’s risk management and regulatory compliance framework.
Conclusion
Our support on the s.166 project enabled RBS Group to address regulatory concerns related to IRHP sales effectively. The value delivered included comprehensive remediation, improved compliance practices, and strengthened risk management, ensuring regulatory adherence and protecting the bank’s reputation.