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Financial Services

The Financial Services team at Crowe Clark Whitehill draws on many years of experience within the financial services sector.

Our team provides firms, financial institutions and funds in the financial services sector with a range of advisory, support and compliance services including regulatory compliance, audit, tax planning, corporate governance and corporate finance. We are committed to delivering a high-quality, practical and cost-effective service that meets the needs of our clients.

We provide proactive support for start-ups and established institutions through expansion, maturity and an exit through a sale or listing.

Our clients are many and varied, they include:

  • hedge fund managers
  • corporate finance houses
  • private equity firms
  • property funds
  • insurance intermediaries
  • banks
  • financial advisers
  • stockbrokers
  • other lessors and lenders.

 To meet our Financial Services team click here.

 

Regulatory and Compliance

Regulatory compliance
  • Applications for FSA authorisation
  • Compliance monitoring
  • Drafting compliance documentation including compliance manuals
  • Assistance with special projects
  • Money laundering training
  • FSA (GABRIEL) reporting
  • ICAAP
  • Business continuity plans
Corporate finance
  • Issue of prospectuses in accordance with FSA requirements.
  • VCT/EIS advice
  • Advising offerors on Takeover Code offers, schemes of arrangement, and public-to-private transactions
  • Takeover Code Rule 9 whitewash advice to substantial shareholders
  • Takeover Code Rule 3 advice to the boards of offeree companies
  • Section 21 approval of investment documentation
 		  

Unregulated Collective Investment Schemes 

  • Review of future marketing literature, including websites
  • Review of all scheme documentation to ensure compliance with the FSA rules
  • Checks on investors
  • Admitting members and maintaining the register
  • Overseeing the running of the scheme








 


 

Non-regulatory services

Statutory compliance
  • Statutory audit
  • Corporate tax compliance
  • Financial accounts preparation
  • Registered office services
  • VAT compliance
International services:
  • International audit
  • International tax compliance
  • Branch office filings and registered office
Advice for employers and employees
  • Remuneration planning
  • Flexible benefits
  • Employment tax advice
  • Pension schemes
  • PAYE settlements and compliance review assistance
International services:
  • Expatriate tax services
  • Overseas secondment planning
Advice for shareholders and directors
  • Wealth management and personal financial planning
  • Pension planning
  • Estate and trust planning
  • Share scheme planning
  • Share valuations
  • Shareholder and director tax services
  • Senior management incentivisation
International services:
  • Tax-efficient structuring
  • Expatriate and high net worth tax planning
 		   Corporate finance
  • Capital raising and refinancing
  • Management buyouts and buyins
  • Exit planning
  • Acquisitions and disposals
  • Due diligence
  • Asset valuations
  • Reporting accountant services
  • Structuring and tax advice
International services:
  • Cross-border M&A
Business advisory
  • Developing and refining business strategy
  • Tax advice, including planning and investigations
  • VAT planning including partial exemption
  • Internal audit
  • Forensic accounting
  • Outsourced accounting and payroll services
  • IFRS and FRSME conversions
  • Treasury risk management
  • Project management
  • Corporate governance
  • Internal control and risk management
International services:
  • Advice on setting up abroad
  • Transfer pricing





     
 


 

A collective investment in property using a partnership structure
We assisted the fund manager in structuring a fund tax efficiently for the intended investors. We reviewed the Information Memorandum and acted as the FSA regulated Approver providing advice on the promotion of the Unregulated Collective Investment Scheme. After fundraising was completed we acted as the FSA regulated Operator of the fund by overseeing the property fund manager.

A UK subsidiary of the largest bank in Indonesia regulated by the FSA
The client brief was that the non-executive directors required independent confirmation that the control systems and procedures operated effectively. We worked in conjunction with the auditors of the parent bank to develop an internal audit approach to give assurance to the board that a sound system of internal control exists in key financial and operational areas.

A team leaving a large financial institution to set up a fund management business in the UK and Switzerland
We assisted the clients in setting up the UK fund manager company, obtaining their FSA registration and planning the optimal tax structure for the key stakeholders. On an ongoing basis we provide outsourced accounting, regulatory compliance support and statutory audit.

Reconstruction of an IFA/Fund Management Group
We advised a group undertaking which included IFA and Fund Management activities on a group reconstruction splitting the activities into two new groups. Our role included ensuring compliance with the FSA capital requirements, obtaining HMRC agreement and negotiations with the group’s bankers.

Admission to PLUS
We acted as reporting accountant on the company’s admission to trading on PLUS Markets, provided tax structuring advice to the company and assisted on staff incentivisation plans.
Contact Us
Fiona Hotston Moore
London, UK
+44 (0)20 7842 7291

Financial Services quote