CPI Enterprises - FCA Specialist Consultancy

Tender description

It is proposed to bring CPI Enterprises Ltd (“CPIE”) up to industry standard in terms of regulation with Financial Conduct Authority (“FCA”). This covers the proposal to run the procurement process for CPI Enterprises Ltd (‘CPIE’) to engage with an advisor that assists with CPIE becoming as an authorised figure with the FCA. CPIE strategy is to become industry standard in terms of rules and regulation. This will also enable CPIE to raise external funds (i.e. an EIS investment vehicle). Preparing, managing and collating all the data required to submit an application to the FCA is very complex and extremely time consuming. It is very important that the FCA is satisfied that CPIE is in a position to obtain authorisation and CPIE understands its legal obligations, and the application therefore needs to reflect this. The process will be dependent on the complexity of the application, any additional checks required for approved persons and the detail required during the rounds of questioning. Following the submission of the CPIE’s application to the FCA, the advisor will provide advice and assistance regarding the process and key stages the FCA undertake during the application process. This can include, advising CPIE on replying to correspondence from the FCA and drafting the responses, preparing CPIE for an interview or attending alongside a meeting with the FCA and assisting CPIE with key deliverables the FCA require in order for CPIE to gain authorisation.