Skilled Person Reviews (s166)
This is a uniquely challenging environment for any FCA authorised firm, whether it is the first time or whether it has happened before. In the event that the FCA requires your business to undergo such a review, it’s critical you engage Redporth to help.
Experienced expertise
Engaging the wrong firm or expertise can be detrimental to your firm.
Our Redporth team avoids this by bringing significant experience, having carried out numerous Skilled Persons reviews. Our team of industry and legal experts, and ex regulators, offers extensive experience to support clients through the process.
Redporth will engage with your business and show a willingness to listen. We communicate openly and honestly and as quickly as possible because we know that this is a very challenging and worrying time for your business.
Our approach
Redporth will always follow the same key principles.
Proportionality: We tailor our work to meet the requirement notice and, because of our knowledge and expertise, we can keep costs reasonable.
Independence with Fairness: Our team understands your firm and market challenges, ensuring our work is independent yet fair.
No Surprises: We discuss issues with you early on. This allows you to provide further information and clarity and also helps ensure our draft report findings won't be unexpected.
Recognising Your Firm’s Uniqueness: We know your firm’s situation is unique, so we take the time to understand it and avoid assumptions. We encourage you to share your perspective. This is essential for fair and balanced findings.
Partner support
Where you have nominated another Skilled Person, we also offer partner support during the Skilled Persons process.
Leveraging our experience, we can assist you in navigating through the entire process and provide technical guidance on areas as they arise.
Respect is one of Redporth's company values. We will always bring respect to the table in any review.