Compliancy Services, one of the UK's leading providers of compliance consultancy and regtech services, is delighted announce the appointment of Harpartap Singh as Head of Prudential. He will be responsible for the development and expansion of their prudential services offering and client service delivery.
He joins Compliancy Services at a time when compliance with prudential regulations is high on the Financial Conduct Authority’s agenda. Payment Services firms received a ‘Dear CEO’ letter in July 2020 that emphasised the expectations for prudential risk management and wind down planning. In June a consultation paper was published on a new prudential framework for all ’MiFID investment firms’ – this includes some firms which ‘adviser and arrange’. Whilst the implementation has been pushed back to early 2022, firms are well advised to take action in 2021 to prepare for the upcoming changes.
Harpartap joins Compliancy Services from Bovill, where he spent four years leading their Regulatory Capital and Liquidity Team. He has substantial experience helping firms manage their prudential regulatory obligations, including ICAAP reviews; SREP remediation; GABRIEL / COREP reporting; recovery and resolution plans; wind down planning; restructuring advice; and M&A due diligence.
He started his career in the mid-1990s as a barrister, before becoming a Chartered Accountant and Prudential Consultant in the early 2000’s working for consultancies including PwC, Grant Thornton and Buzzacott.
According to Philip Naughton, Joint CEO, Compliancy Services “Harpartap brings unrivalled knowledge and expertise to Compliancy Services and will be an invaluable member of our team as we develop and grow our prudential practice and services”.
Harpartap explains “I joined Compliancy Services as I was excited by the business plan and their aspirations to grow and the culture and environment that I believe creates a platform for me to offer a high quality, bespoke and responsive client service offering”.
Tony Tyler, Director, Chantry Associates Limited
Telephone: 0780 1042825 | [email protected]
Philip Naughton, Joint CEO, Compliancy Services Ltd
Telephone: +44 (0)20 3457 3168 | [email protected]
About Compliancy Services
Compliancy Services is one of the UK’s leading providers of compliance consultancy and regtech services. Our award-winning services help firms become authorised by the Financial Conduct Authority or the Prudential Regulation Authority; to manage their ongoing compliance and regulatory obligations; and empower their staff with focused compliance training.
What makes us stand out is the skill and expertise of our team and our proprietary online client portal. The client portal gives our clients access to regtech apps and time saving features that include their compliance monitoring plan, document library and management, automated task reminders, compliance registers and summaries of regulatory changes that affect their business.
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