40 | Acquisition International, Issue 1 2024 Compliance Without the Complexity From start-ups to global business leaders, it is essential that all firms know exactly where they stand in terms of meeting and understanding regulatory compliance requirements. Luckily, Thistle Initiatives, a part of the Thistle Group, is there to provide effective help and support that provides a straightforward pathway through compliance. It can also help firms just starting to navigate the path towards regulation. The company has recently been announced as the Leading Compliance Company of the Year – UK, following which we decided to take a closer look. Company: Thistle Initiatives Web Address: www.thistleinitiatives.co.uk Contact Name: Sophie Long, CEO As specialist compliance consultants, Thistle Initiatives provides support and assistance to help both businesses who are already regulated, and those seeking to become regulated. It has helped over a thousand firms to become FCA authorised since it began operating in 2012, and endeavours to be a provider that can be trusted by both clients and the regulators alike. It aims to actively participate in problem solving and provides a world-class service with a meticulous attention to detail and commercially focused solutions. The services offered by Thistle Initiatives are divided into clearly defined practice areas encompassing investments, payment services, credit, mortgages, digital assets, and financial crime prevention. Thistle Initiatives can assist and advise its clients on making sure they comply with FCA regulations, Prudential requirements, and all other legislation applicable to the financial services industry. It services a clientele that ranges from bespoke, specialised businesses to globally recognised household names. The company offers a wide range of services including aspects that are specifically aimed at start-ups requiring direct authorisation (DA). It can also help those transitioning from appointed representative (AR) to DA status and can advise on the pros and cons of both arrangements. Furthermore, Thistle Initiatives offers a wide range of services including acquisition due diligence, financial crime prevention, FCA application and compliance support, as well as audits and advisory services, to name a few. It is dedicated to supporting and guiding clients towards continuous regulatory compliance. “Since 2012, we have advised on acquisition transactions worth over £5 billion, both in the UK and internationally. ” As a trailblazer in the fintech industry, Thistle Initiatives is an innovative and forward-thinking company. These are the values it seeks to foster within its team, aiming to always stay ahead of the rest with agile operations and cutting-edge business solutions. It hopes to attract clients who appreciate and identify with the progressive, transformative way of functioning Thistle Initiatives demonstrates as a leading compliance consultancy. The company champions diverse expertise and experiences and welcomes the knowledge that can be imparted by working closely with its clients. A collaborative culture is part of its USP and celebrates the ability to embrace collective expertise. Thistle Initiatives aims to always put the needs of its clients first and is committed to providing tailor-made solutions that ensure success. Its client-centric manner is the bedrock of its successful and long-lasting relationships with clients. For more than 10 years, Thistle Initiatives has been involved in supporting firms as a trusted compliance and regulatory adviser. It has a clear understanding of the vital need to stay up to date and compliant at all times and provides guidance and support allowing clients to meet these requirements. It can provide robust acquisition due diligence reports and practical guidance and can help clients to appreciate any regulatory risks in proposed transactions. By working with Thistle Initiatives, firms can feel confident that all regulatory procedures are in place and should there be any issues brought to light during the due diligence audit. Additionally, clients can also be safe in the knowledge they can count on Thistle Initiatives for practical guidance about how to best resolve the situation. Nov23506
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