Experts in Financial Crime and Anti-Money Laundering
Fraud, AML, PEPs, Sanctions - Helping Businesses Stay Compliant
FCA/SRA Compliance
For firms regulated by the Financial Conduct Authority (FCA), we offer tailored compliance support to meet SYSC and Financial Crime Guide (FCG) requirements. We help ensure senior management accountability under the Senior Managers & Certification Regime (SMCR) and maintain proportionate systems and controls to prevent financial crime within your regulated operations.
Fraud Prevention
We assist organisations in identifying, assessing, and mitigating the risk of internal and external fraud. Our team supports the design and implementation of fraud risk frameworks, policies, and response procedures, ensuring that your business has effective controls in place to detect and prevent fraudulent activity.
AML - KYC - Onboarding
We provide expert guidance on AML compliance aligned with the Money Laundering Regulations 2017, Proceeds of Crime Act 2002 (POCA), and FCA expectations for regulated entities.
Our services include:
AML policy and risk assessment development
Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) procedures
Suspicious Activity Reporting (SARs) processes and escalation
Independent AML audits and compliance reviews
PEPs and Sanctions
We help businesses implement and maintain robust PEP and sanctions screening processes in line with UK sanctions regimes and FATF guidance. Our approach ensures your screening systems are risk-based, up to date, and proportionate protecting your business from inadvertent breaches and reputational harm.
Why choose Novo Data Services?
Novo Data Services are experts in FCA compliance and Financial Crime. ensuring that your organisation is not only compliant but confident in its ability to manage and mitigate financial crime risks.
Whether you are an FCA-regulated firm, a professional services business, or an SME seeking to strengthen your controls, Novo Data Services provides the practical, proportionate solutions you need.
As a local business, based in Newcastle, we understand the challenges and financial restraints involved in ensuring compliance.
We have one goal - to make the North East the best!
