Our GAP Analysis is a deep dive into your current policies and procedures and will provide a detailed assessment of your Governance, Risk and Compliance framework. We will identify where you sit with regards to data protection compliance, FCA compliance or both. 

We can assess many areas of your business, such as:

• Policy documents
• Systems and controls
• Risk registers
• Training materials and quality assurance
• Senior Management and Certification Regime
• Complaints register and complaints handling
• Regulatory business plan
• Processes and procedures
• Annual compliance monitoring plan
• Data protection policies and procedures
• Privacy policy
• Lawful basis for processing
• Marketing activities and financial promotions

As part of this exercise, we will provide recommendations as to how to remedy any breaches/GAPs, as well as recommend in which order they should be addressed (depending on the risks presented to the firm and its customers).

We can also assist you with completing or implementing any remedial work necessary to ensure compliance and complete follow up reviews.

Our Health Checks are a focused audit, essentially a mini GAP analysis, on a targeted area or group of areas of your choice to confirm that your systems, controls, policies and procedures are working effectively and are compliant.