Robert Quinn Consulting (RQC), a market-leading provider of compliance consulting, regulatory hosting and online training, and Vero Screening, the UK’s largest independent employment screening company, have formed a partnership which will harness the skills and experience of both firms to provide a full range of solutions for all FCA regulated firms implementing the Senior Managers and Certification Regime (SMCR).
Both RQC and Vero Screening have strong track records of providing practical solutions to firms trying to navigate their financial regulatory obligations. The new product, SMCR Checks powered by Vero Screening, is specifically designed for Enhanced, Core and Limited Scope companies. It gives firms access to Vero’s secure employee screening platform VEROLIVE, where they can initiate all their background checks quickly and cost-effectively.
Previously there was no mandatory requirement to carry out background checks to ensure individuals carrying out controlled functions were fit and proper. However, under the new SMCR regime, the FCA has stated:
The partnership between RQC and Vero Screening gives clients access to a new product which ensures they can meet these new background screening obligations in full, as well as giving them access to a broader range of services to support the implementation of SMCR.
Robert Quinn, founder of RQC, stated, “We are very excited to be partnering with Vero to offer their services to our clients. Their SMCR Checks product offers clients Vero’s best-in-class screening services and will ensure they fully meet their obligations as part of SMCR . We’re happy to be offering our clients a complete solution to support their SMCR implementation.”
Georgina Wilson, Head of Service Improvement at Vero Screening commented “With a large number of clients operating in the financial services sector who are (or will soon be) subject to the SMCR, Vero are thrilled to partner with Robert Quinn Consulting – experts in FCA regulatory compliance. Vero and Robert Quinn’s complementary SMCR services give clients access to end-to-end compliance support, enabling them to meet their regulatory obligations.”
About Robert Quinn Consulting
Robert Quinn Consulting (RQC) is a regulatory compliance consultancy, that advises clients, in the alternative asset management industry on their UK and US regulatory obligations. RQC’s team of highly experienced consultants act as an additional compliance resource to their clients, working alongside them to provide solutions that are specific to their individual needs. Additionally, RQC offers online compliance training, that has been built and designed by senior consultants, and regulatory hosting for firms wishing to become an Appointed Representative. RQC has offices in London and New York.