Talis Karklins Ltd | CASS assurance services | Statutory audit | London
CASS external audits
CASS external audits
CASS external audits
CASS internal audits
CASS external audits
CASS external audits
CASS Consultancy
CASS external audits
Statutory audits
Statutory audits
CASS external audits
Statutory audits
CASS external regulatory audits and reporting to the FCA
Key Advantages of Working with Us
1. Expertise and Experience
Proficiency in CASS 6, CASS 7, and CASS 8 requirements, providing expertise and experience. We ensure that CASS compliance aspects are addressed efficiently with a commitment to getting it right the first time.
2. Timeliness and Comprehensive Approach
Our proactive approach to CASS planning begins well in advance of the year-end, allowing appropriate time for addressing any potential breaches ahead of the period end. This comprehensive strategy ensures that firms have the opportunity to remediate issues on a timely manner.
3. Clear Communication
Honest and effective communication is the key to our services. We thoroughly explain our findings, answer all questions, and collaborate closely with your team to remediate any breaches. Our goal is to ensure firms fully understand the compliance matters and have the support needed to improve and enhance the CASS control framework.
4. Regulatory Knowledge
Staying up to date with the latest regulatory changes and industry "hot topics" and providing ongoing support and industry insights.
5. Cost-Effectiveness
We are committed to providing fair pricing and excellent value for money. Our services are designed to be cost-effective while delivering the highest quality and reliability.
Effective collaboration can streamline processes, reduce overheads, and enhance productivity. As a result, these efficiencies can translate into more competitive pricing for clients.
CASS internal audits
CASS firms are expected to operate three lines of defence to ensure robust compliance and risk management.
First Line: Management and Operations
The first line of defence involves the management and operational staff who are directly responsible for executing day-to-day processes and managing risks. These individuals are on the front lines, implementing controls and procedures to ensure compliance with CASS regulations.
Second Line: Risk and Compliance
The second line of defence consists of the risk management and compliance functions. These teams provide oversight and guidance, ensuring that the first line of defence operates effectively. They are responsible for monitoring compliance with regulatory requirements, assessing risks, and implementing policies and procedures to mitigate those risks.
Third Line: Independent CASS Monitoring
The third line of defence is carried out by an independent party, which can be either internal (such as an internal audit) or external (such as an external consultant). This party is not involved in the day-to-day operations or compliance activities, ensuring an objective and unbiased review of the firm’s CASS compliance. The third line provides independent assurance that the first and second lines of defence are functioning appropriately and that the firm is meeting the regulatory requirements.
We offer CASS firms an independent third-line monitoring service that is both comprehensive and tailored to their specific needs. Using a risk-based approach, we ensure that monitoring activities are focused on the heightened risk areas, providing the most value to the firm.
Our service is aligned with the agreed CASS calendar, ensuring timely reviews and feedback. This approach not only helps firms maintain compliance but also enhances their overall risk management framework by identifying and addressing potential issues proactively.
CASS Consultancy
Comprehensive Services to Support Your Compliance
Launching a new service or designing a new platform requires timely advice and flawless project management for successful implementation. Inadequate change management leads to an increased risk of CASS breaches.
Our Offerings:
CASS consultancy on “Review and Recommend” basis
- Thorough Evaluation: We conduct an in-depth review of your current CASS compliance status to identify any gaps or weaknesses in your systems and controls.
- Actionable Recommendations: Based on our review, we provide detailed recommendations tailored to your specific needs, ensuring that your CASS compliance framework is robust and effective.
- Facilitation and Implementation: We work closely with you to implement the recommended changes, providing hands-on support and guidance throughout the process.
On Retainer: “Pick up the Phone” Support
- Ongoing Access to Expertise: With our retainer service, you have direct access to CASS expertise whenever you need it. Whether you have a quick question or require in-depth advice, we're just a phone call away.
- Timely Advice: Our experts provide timely and relevant advice to help you navigate complex regulatory requirements .
- Proactive Support: We actively monitor regulatory changes and industry trends, and are able to provide you with a proactive support.
Statutory audit services
Tailored Statutory Audit Services for Financial Services Firms
We offer specialized statutory audit services for financial services firms, delivering reliable results backed by extensive expertise, and trusted by the stakeholders.
Our Services:
- Expertise in Financial Services
- Comprehensive Audit Approach
- Transparency and Integrity
- Client-Centric Service
Why Choose Us:
- Industry Experience
- Proactive Communication
- Commitment to Excellence
- Continuous Improvement