City Capital Consulting was established in 2006 by ex FCA staff and is an established management consultancy with extensive experience in providing regulatory and associated consultancy services to a range of financial services firms including; banks, fund managers, brokers, investment advisors/managers and corporate finance firms. In addition, we have expert knowledge in the fintech sector assisting e-money and payment services firms.
Our USP is that we offer fixed fee transparent pricing and, unlike our competitors, we never charge fees until the work is completed and the client is satisfied.
We offer a wide range of services including:
FCA authorisation applications, variation of permission applications and change in control applications
Ongoing compliance consultancy and support services
Drafting compliance procedures and manuals (e.g. FCA Compliance Manual, Financial Crime Manual, Compliance Monitoring Programmes)
Financial and Risk Management consultancy (e.g. Preparing financial returns for FCA submission and drafting ICARA and Wind Down Plans)
Internal Audit – we provide internal audit and CASS assurance services and bespoke compliance audits
Project Management – managing and assisting clients with one-off projects (e.g. Senior Managers & Certification Regime, Transaction and Trade Reporting, Consumer Duty)
Advising on Enforcement actions.
Due Diligence – we provide a range of services including compliance due diligence on businesses prior to the acquisition or disposal of a FCA regulated firm
As an established regulatory consultancy firm in the City, we have developed strong relationships with a number of firms including custodian banks, legal firms and accountants, clearing and settlement firms, fund administrators and providers of IT services.
Consequently, we are ready to assist clients located in the UK and, from outside the UK, to set up their business in a timely compliant manner. In fact, a number of our current clients are subsidiaries of firms based in US, Hong Kong, Australia, Africa and across Europe.
Obtain a FCA licence
We have extensive experience in managing authorisation applications with a 100% success rate. To date, we have successfully managed over 300 applications. Our fees are fixed and transparent so if you are looking to set up a regulated business in the UK you should consider obtaining a quote from us. We do not charge any fees upfront. We charge 50% of our fees after the application is prepared and submitted to FCA and the remaining 50% is only payable once your application has been approved. We also insist that all new clients obtain references before starting the application process. For this reason, prior to the signing of our engagement letter, we will provide you with the contact details of the number of our clients who have already gone through the application process with us. This will enable you to obtain an impartial reference.
FCA Authorisation Process
The FCA has six months to consider a complete application for authorisation for most licence types. In practice, applications can be approved within three-four months. Following our initial consultation, we can provide an estimate of how long the process should take. For further information and the costs involved, please click on the appropriate sector below. Alternatively, you can email our Director of Authorisations (Gerry Morgan) at email@example.com for further information.