Corporate Finance &
Corporate finance and venture capital firms typically connect investor to investee or vice versa and engage in arranging activity, many times providing advice limited to the deals in question. As such, most corporate finance and venture capital firms apply a ‘corporate finance' or 'venture capital' requirement/limitation to their regulatory permissions which allow for less stringent regulatory requirements around promoting and conducting business with clients.
Brexit poses several imminent threats to corporate finance firms that passport their services out of the UK. On top of this, firms will have to comply with the new UK prudential regime for investment firms (IFPR) and adopt to the various provisions including new rules on liquidity 1 January 2022 onwards.
Our Consultants have worked with several corporate finance firms throughout their careers and understand the business models and regulatory implications including regulatory exemptions available to corporate finance and venture capital firms.
We are proud to have recently worked with a corporate finance firm that obtained a regulatory license ahead of benchmark timings following a very successful licencing application prepared by us.
How Pillar 4 Can Help
Pro bono initial assessment of your authorisation aspirations and guidance on regulatory permissions
Full application support on a project managed basis from start to finish
Guidance on navigating the FCA’s current approach to corporate finance activity including key concerns
Support in formulating the right governance structure for your firm
Staff skills and competency assessments
Pro bono initial assessment of the impact of IFPR on your business
Financial modelling and full implementation of the IFPR and shift from ICAAP to ICARA
Developing integrated risk management, capital monitoring, and reporting tools
Developing suitable pillar 2 approaches
On-going compliance support
Providing specialist advise
Revamping compliance monitoring programmes to something practical and workable in line with regulations
Providing risk based on-going compliance monitoring and testing
Support in regulatory reporting and capital adequacy reporting