What does ongoing compliance support cover for APIs?

Ongoing compliance support helps Authorised Payment Institutions maintain regulatory alignment over time. This includes updating policies, training staff, monitoring regulatory changes, conducting reviews or audits, and advising on risk changes or incidents.

Why is monitoring regulatory change important?

Regulatory landscapes evolve – laws, guidance, enforcement expectations change. Monitoring ensures your frameworks stay current and avoid non-compliance or unexpected regulatory risk.

How often should compliance reviews or audits be conducted?

Reviews or audits are often conducted at least annually, or more frequently if there are major regulatory changes, business changes, or incidents that suggest potential weaknesses.

Is staff retraining part of ongoing support?

Yes. Staff training and awareness refreshers are essential to ensure everyone understands new or changed regulatory requirements, internal policies, and risk-management expectations.

What happens in case of a compliance incident?

We assist with incident handling: investigating the root cause, implementing remediation, documenting corrective actions and ensuring that necessary communication or reporting takes place.

Do you help with risk assessments as the API business changes?

Yes. As your operations evolve (new products, geographies, features), your risk profile may change. We provide advisory and updates to your risk assessments accordingly.

Ongoing Compliance Support for APIs | MSB & E-Money Services

Ongoing Compliance Support

At ABM Global, we recognize that compliance is not a one-time exercise—it requires continuous adaptation to evolving regulations, emerging risks, and business growth. Regulators such as the FCA and HMRC expect firms to demonstrate a sustained culture of compliance, maintained long after initial authorisation or registration. Our Ongoing Compliance Support ensures your firm remains regulator-ready, operationally resilient, and strategically positioned for sustainable growth.

Policy and Procedure Updates

We provide regular reviews and updates of AML/CFT, risk management, and operational policies to ensure alignment with the latest regulatory requirements, including FCA, HMRC, and FATF standards. Our team also tailors updates to reflect changes in your business model, service offerings, or risk profile, ensuring that your compliance infrastructure remains both effective and practical.

Regulatory Returns and Notifications

ABM assists in preparing and submitting regulatory filings, periodic returns, and notifications to the FCA and HMRC, ensuring accuracy, timeliness, and full compliance with reporting obligations. This includes guidance on material changes, governance updates, and operational events, helping your firm maintain transparency and regulator confidence.

Client Due Diligence (CDD) and Enhanced Due Diligence (EDD)

We provide frameworks and advisory support for risk-based due diligence, from onboarding through the client lifecycle. This includes periodic reviews, monitoring of high-risk clients, PEP assessments, and enhanced due diligence processes, ensuring that your firm can detect and mitigate potential financial crime risks effectively.

Audit and Inspection Preparedness

ABM helps your firm prepare for regulatory inspections, audits, and internal reviews. We conduct mock audits, documentation reviews, and system assessments to identify gaps, strengthen controls, and ensure your firm can confidently demonstrate compliance during regulatory scrutiny.

Training and Awareness

We deliver tailored AML/CFT training programs for directors, MLROs, and operational staff to foster a strong compliance culture. Our training ensures that personnel are aware of their responsibilities, regulatory expectations, and best practices, enabling consistent and effective application of policies across the organisation.

Management Information (MI) and Governance Advisory

ABM supports the creation of compliance dashboards, board reports, and MI packs to keep senior leadership informed. Our services help demonstrate proactive oversight, accountability, and regulatory compliance, enhancing decision-making and strengthening your firm’s governance framework.

Ad-Hoc Compliance Advisory

We provide on-demand support for complex compliance queries, emerging regulatory challenges, or responses to regulator requests. This ensures that your firm can quickly adapt to changes, mitigate risks, and maintain full compliance without operational disruption.