Following the introduction of the CAR structured monitoring requirement under the FSA Rulebook a few years ago, some licenceholders have found it onerous to allocate the required time and resources to the task, including qualified staff.

Often large Audit firms would charge exceedingly high fees for undertaking the core CAR monitoring, in addition to their 20% verification checks.

We can assist in carrying out the required core Client Bank Accounts and Trust Bank Accounts reconciliation and transaction monitoring, documenting the results to a standard expected by the verifying Auditor and the FSA.

If you require our CAR service, please allow sufficient time for completion before the reporting deadline!

£5,500 (+VAT where applicable)

Fee based on a typical monitoring sample of 3 client bank accounts and 15 trust bank accounts.

One month