Audits can sometimes be challenging, but the value they provide in identifying gaps before they become a bigger issue, setting strategic priorities and securing investment is immense.

We have built an audit checklist* to use in the run up to your next audit to help you:

• Get prepared

• Reduce stress and uncertainty

• Gain an early insight into self identifying areas of focus

It covers the minimum regulatory requirements that firms should have and focuses on the key questions you should be asking about your control framework.

Firms can also use it to build out their control framework or to conduct a ‘health check’.

*This checklist is designed for the UK regulated market.