FINCAP Advisers Ltd aims to offer turnkey tailored services to regulated entities in an open architecture format offering licensing and post-licensing services across all renowned jurisdictions.
FINCAP Advisers specialize in licensing and authorization services across multiple jurisdictions covering most of the regulated entities spanning from financial services, the gaming industry and public authorities:
Setup and authorize EU and non-EU regulated entities that are involved in Brokerage, Asset Management, Fund Management, Payment Services, Gaming industry, Banking, Insurance inter alia
Assistance to the client in optimizing compliance and tax structuring of the regulated entity within a wider group or construction of the group
Regulated entities include Investment Firms, Investment Funds, Payment Institutions, Electronic Money Institutions, Gaming firms, Corporate Service Providers, Financial Institutions, Insurance Companies and Banks
Consultation provided on the appropriateness of a jurisdiction tailored to the client’s need in an open architecture model of access to all jurisdictions and all regulated activities for their licensing needs. Assistance with tax and regulatory compliance optimization depending on licensee’s market needs and capabilities
Drafting of the Investment Fund’s prospectus / information memorandum and support in the optimization of the structure to cater to retail, professional or well-informed investor fund setups
Drafting and tailoring of all Internal Operations Policies and Procedures to match the business’s needs and requirements in compliance with current regulatory directives and rules
Walk through the process of authorization and provide a transparent time map and workflow plan of achieving milestones in tangible deadlines
Manage the representation to the regulators and coordinate all relevant meetings and correspondence
Extend the Group’s reach across jurisdictions in both EU and non-EU locations through a rep office, tied agent, branch or a sister licence in countries like Cyprus, UK, Malta, Jersey, Isle of Man, Gibraltar, Ireland, Vanuatu, Belize, BVI, Mauritius, Seychelles, Cayman, Bermuda, Hong Kong, NZ, Singapore and Australia
FINCAP Advisers boast a great expertise of its people in Internal Audit utilizing prior experience and ongoing high level technical training to support outsourced and ad hoc internal audit and health check mandates across a series of jurisdictions including FCA, CySEC, CBC and other EU and non-EU regulated entities.
Conduct in depth procedure and policy examination highlighting potential areas of weakness
Review of best practices and the Corporate Governance environment of the regulated entity
The scrutinizing and assessment of internal procedures and processes of the client versus the regulatory laws and directives with workable and ergonomically compliance recommendations provided as solutions
Tailoring of the Internal Audit program to the needs of the regulated entity and to complement the weaknesses identified by the Management
Provision of Internal Audit visit and annual reports together with on and off-site support to management for addressing the potential weaknesses identified
FINCAP Advisers caters to Audit and Assurance needs of regulated Financial Services firms as well as to High-Tech, Reg-Tech, Fin-Tech, E-commerce, Real Estate, Trading and other Public Authority entities. Our Risk Management expertise permits us to add value to a client’s business by providing comprehensive and tailored risk assessment solutions to the Company’s financial statements. Moreover, our Audit and Assurance methodology is based on the International Financial Reporting Standards (IFRSs), UK FRS, UK GAAP, International Auditing & Assurance Standards, the Cyprus Companies Law of 113 and the UK Companies Act of 2006.
Our portfolio of services include:
Statutory Audit opinion based on International Auditing Standards.
Financial Statements drafting and compilation based on the International Financial Reporting Standards (IFRSs) or the UK FRS and the UK GAAP.
Filings to Regulators like the FCA, CySEC the CBC and others, to Taxation and VAT Authorities (HMRC, Inland Revenue etc.) and to relevant other public authorities.
Multi-jurisdictional support for audit or assurance opinions in over 50 countries.
FINCAP Advisers supports onshore and offshore firms with their global tax planning and optimization requirements assisting in structuring taxation and regulatory compliant solutions for Financial Services firms as well as to High-Tech, Reg-Tech, Fin-Tech, E-commerce, Real Estate, and other Trading entities. Our services include:
Global Tax and VAT Planning and Optimization.
Tax and VAT rulings or opinions
Tax filing and provision of compliance services with Authorities
Assistance with the HMRC and the Cyprus Tax Department filings and responses to requests
Assistance with obtaining a Tax Residency Certificate for both corporates and natural persons
Tax clearances for expatriates
Social Insurance registration and assistance
VAT and VIES Registrations and preparation of submissions
FINCAP Advisers caters to bookkeeping and payroll needs of regulated Financial Services firms as well as to High-Tech, Reg-Tech, Fin-Tech, E-commerce, Real Estate, Trading and other Public Authority entities. Our Accounting methodology is based on the International Financial Reporting Standards (IFRSs), UK FRS, UK GAAP, the Cyprus Companies Law of 113 and the UK Companies Act of 2006. Our services include:
Multi-currency accounting preparation for entities in the Financial Services regulated markets that work both in spot and derivative FX or other financial instruments
Payroll and Cash management services inclusive of Social Insurance & PAYE filings ensuring full support in achieving regulatory compliance
Clients’ funds reconciliation support, training and audit of the process
Outsourced accounting function and support to global groups and complex organizations that require dedicated and tailored accounting solutions in the financial services industry, in High-Tech, Reg-Tech, Fin-Tech, E-commerce, Real Estate, Trading and other Public Authority entities.
FINCAP Advisers offer a comprehensive suite of compliance support solutions ranging from outsourced compliance support CF10/CF11 (FCA) and AML Compliance / Compliance (CySEC) to consulting services to EU and non-EU regulated entities enabling them to manage their compliance mandate. Frameworks, legislations and best practices supported include MiFID I & II, REMIT, MAR, FATCA, CRS, AIFMD, UCITS I-V, Basel II & III, EMIR, PSD I & II, 4th AML Directive, FATF policies, UK Anti-Bribery Act and the UK Corporate Governance Code.
PROFESSIONAL TRAINING PROGRAMMES
FINCAP Advisers Training Academy can support your team and operations via the offering of Training Programmes on specialised subjects covering the Financial Services Regulation.
MiFID II Compliance, Regulatory Compliance Programmes, AML-TF Compliance, Market Abuse Regulation, FATCA and CRS Training, Corporate Governance for Regulated Entities, are only a few of the topics that we are offering Training Programmes. We are scheduling our Training Programmes at least once a year, so if you are interested in our Scheduled Training Programmes, feel free to contact us.
Our Professional trainers, can also support your organization on the provision of Customised Training, exclusively to your organization and tailor made to accommodate your specific needs. The substantial knowledge and experience of team will be utilised to support your team in executing their roles and responsibilities under the Financial Regulation and will help them develop the right skills for the fulfilment of their duties.
Our trainings can be performed in small or large groups, physically or remotely, through eLearning platforms.
FINCAP Advisers offer a plethora of Risk Management tools to complement the firm’s Risk Management department including full outsourcing services, COREP/CAR preparation and/or review assistance, ICAAP drafting and support in the monitoring of the process, Risk Register drafting and Risk Committee procedures and policies support.
FINCAP Advisers offer an automated reporting platform for EMIR, FATCA, MiFID II, REMIT and other transactional reporting regulatory requirements through its own in-house solution developed to address the challenging and heavy reporting needs brought about by today’s regulatory environment.
FINCAP Advisers delivers technical solutions to financial problems via a tailored advisory approach following an in-depth comprehension of an organization’s capital structure. Solutions include Transactional Services, Buy-side and Sell-side advisory, Valuation services, Due Diligence mandates (Financial, Regulatory, Taxation and Legal) across jurisdictions and industries. Listing and nomad services are further provided in conjunction with dedicated associates that can offer a turnkey solution for equity and debt capital raising needs.
The FINCAP Academy works in tandem with esteemed organizations, universities and associations like the Chartered Institute of Securities & Investment to support professional training needs for high and mid-level executives who require Continuous Professional Training courses to meet their obligations for professional qualifications such as FCA Controlled Functions, ACA, ACCA, CFA, CySEC licence holders, CPA and CIA.
FINCAP Advisers Ltd is a member of the Cyprus Investment Program with licence number 360.
We assist you and your colleagues to seamlessly migrate, obtain VISA and/or working permit and obtain your residency across a host of countries inclusive of Cyprus, Malta, UK, Belize, St. Kitts & Nevis, and Dominica inter alia.
We further support naturalization and citizenship applications subject to local requirements in the aforementioned countries and many more. We further support non-domiciliation applications to Cyprus and other countries that is currently of great interest.
We are a licensed (license number 305) Recruitment Agency with the Labour Ministry of Cyprus and we provide head-hunting and recruitment services to select industries mainly in the Financial Services and Technology space