Solution introduction

Independent Skilled Person Reviews and firm-side support that help financial services firms respond to regulatory scrutiny with confidence

Thistle Consulting has been appointed to the PRA and FCA Skilled Person panel

Skilled Person Reviews are a supervisory tool used by the FCA and PRA to obtain an independent assessment of a firm’s regulatory framework. Typically, s166 Skilled Person reviews are requested by a regulatory authority when they have concerns about aspects of a firm’s systems and controls.

At Thistle Consulting, we appreciate that this can feel overwhelming and daunting. Our approach to conducting Skilled Person reviews focuses on open and transparent communication, delivering timely and quality outputs our clients can rely on, and providing proportionate recommendations to support firms in enhancing their systems and controls.

Our team brings a wealth of sector and subject matter-specific knowledge, enabling us to tailor each review to the unique challenges faced by individual firms, to foster sustainable improvements and greater regulatory confidence.

 

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