What is regulatory reporting for SPIs?

Regulatory reporting for SPIs involves preparing and submitting mandated reports to regulatory bodies, which may include transaction volumes, AML/CTF metrics, financial disclosures, and compliance indicators.

Which reports must a Small Payment Institution file?

Reports vary by jurisdiction and regulation, but commonly include AML/CTF compliance reports, suspicious activity reports, periodic financial returns, customer data reports, and risk metric disclosures.

How often do these reports need to be filed?

Filing frequencies depend on specific regulation. Some reports may be monthly, quarterly or annually; others are event-driven or have thresholds that trigger reporting obligations.

Do you handle both the preparation and the submission?

Yes. Our service includes preparing the reports, quality review, and submitting them to regulators, as well as managing communications or clarifications.

What is involved in the review and quality assurance step?

Reviewing the report involves checking for accuracy, data consistency, adherence to templates or formats, cross-validations, completeness, and ensuring all regulatory requirements are addressed.

Do you support after filing if regulators raise issues?

Yes, we provide post-filing support, including handling questions or clarifications from regulators, making corrections, and ensuring compliance remediation.

How do you monitor changes in reporting requirements?

We continuously track updates in regulation and guidance, notify you of changes, and advise on adapting your reporting processes, templates or data structures accordingly.

What happens if a report is submitted late or contains errors?

Late submissions or errors can lead to regulatory penalties, corrective orders, or reputational damage. Our quality assurance aims to reduce such risks and we assist in remediation if issues arise.

SPI Regulatory Reporting & Filing Services

Regulatory Reporting & Filing

Regulatory reporting is not just a procedural formality – it is a core responsibility for all firms regulated by the FCA (Financial Conduct Authority) and HMRC (Her Majesty’s Revenue & Customs). The accuracy, timeliness, and completeness of your reports are critical indicators of your firm’s governance and compliance culture. Even minor errors or delays in submission can lead to financial penalties, supervisory intervention, reputational damage, or full-scale regulatory investigations.

At ABM Global, we understand the complexity of these obligations and the pressure firms face to remain compliant in an ever-evolving regulatory landscape. Our team offers end-to-end support to help you manage every aspect of your reporting and filing with clarity, accuracy, and confidence, allowing you to focus on running your business while we safeguard your compliance position.

ABM’s Comprehensive Support Includes:

Periodic Reports & Returns

We manage the preparation and submission of all FCA and HMRC-required periodic returns, including financial performance reports, prudential assessments, conduct compliance reports, and AML/CFT-related submissions. Our experts ensure reports are submitted on time, error-free, and fully aligned with your firm’s operational model, risk appetite, and regulatory expectations.

FCA Notifications & Material Change Filings

Firms are obligated to notify the FCA of significant developments such as changes in shareholding or control, key personnel updates, governance restructuring, new product launches, or identified compliance breaches. We guide you in preparing and drafting clear, regulator-ready notifications that minimize ambiguity and prevent misinterpretation, ensuring your communications maintain transparency and trust with the FCA

Transaction & Suspicious Activity Disclosures

As part of AML/CFT compliance, firms must maintain robust mechanisms for reporting transactions, anomalies, and suspicious activities. ABM assists in designing the reporting structure and supports the preparation and filing of Suspicious Activity Reports (SARs) with the National Crime Agency (NCA). This ensures your business demonstrates proactive compliance with UK and FATF-aligned AML standards.

Prudential & Safeguarding Reporting

We support firms, especially SPIs (Small Payment Institutions) and APIs (Authorised Payment Institutions), in preparing reports related to capital adequacy, liquidity ratios, and safeguarding of client funds. Our approach ensures filings are consistent with FCA prudential frameworks, protecting client money while maintaining your firm’s regulatory standing.

Regulatory Audit Trail & Documentation Management

Regulators expect firms to back every submission with clear, documented evidence. We establish and implement strong record-keeping and documentation frameworks so that each report or notification can withstand regulatory scrutiny. This not only enhances transparency but also strengthens your firm’s defense in the event of inspections, audits, or thematic reviews.