The APCC often works in conjunction with the FCA to pilot or test new initiatives, and it also provides feedback on specific subjects as requested by the regulator.
Paradigm Consulting has joined the Association of Professional Compliance Consultants (APCC).
The APCC is the body for compliance consultants who advise firms regulated in the UK, with the aim of enhancing the professional standards of compliance consultants, and is recognised as a trade body by the Financial Conduct Authority (FCA) and other regulators.
The APCC often works in conjunction with the FCA to pilot or test new initiatives, and it also provides feedback on specific subjects as requested by the regulator.
By joining, Paradigm will be able to access regular forums and technical briefings on current regulatory topics and priority access to regulatory themes and new initiatives – for example, the new supervision ‘Nursery’ for newly-authorised firms.
It will also help Paradigm cement even closer ties and more immediate access to the FCA, The Pensions Regulator (TPR), HM Treasury and other significant industry stakeholders.
There is also the opportunity to seek out new business opportunities with fellow members with a view to increasing the range of services offered to respective client firms.
David Ryder, head of proposition at Paradigm Consulting, said: “We are very pleased to be able to announce our membership of the APCC and believe it will help support Paradigm, particularly enhancing the already excellent support we provide to firms.
"The APCC is renowned for the quality of its forums and briefings which will undoubtedly aid us in the work we carry out for firms, and it will ensure we have up to date information to impart given the closeness of its relationships with the key regulatory actors.
"This is all about helping us develop our proposition and ensuring, as a key organisation in our field, that we are active within our peer group and continue to deliver the very highest standards of service to our client firms.”