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Elmore

APP Insurance  

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Elmore Insurance Brokers are a specialist risk and insurance intermediary offering advisory, broking and claims management services to businesses.  

 

We have partnered with the Elmore team and developed an Authorised Push Payment (APP) Fraud reimbursement insurance product, available to qualifying UK Banks, E-Money Institutions (EMI), and Authorised Payments Institutions (API). 

Combining Green Swans compliance and regulatory expertise with Elmores exceptional knowledge of specialist insurance products we have taken a proactive approach and developed a new-to-market, innovative solution which will help firms mitigate risks and exposure from the new and important APP Fraud regulations.

Deep Fathom

Deep Fathom has since 2001 been delivering digitally native compliance audits to reveal insightful and actionable areas for improvement in regulated organisations. These next-generation audit reports provide (leading as well as lagging) data-driven insights into the culture, training, risk, compliance, ESG, and other important areas of your business.

The digital-first nature of the audit platform reduces the time, distraction and cost to your team to complete audit requirements. The reports automatically generate clear and actionable results with your Green Swan compliance team conducting policy reviews as part of the 'blended' internal audit process if required. The blended audit combination ensures that the human input is not overlooked and that focused remediation actions are concentrated in the right areas - avoiding distraction and stress across your wider team.

 

Your progress and improvements are easily evidenced ahead of any external audit. Your team will feel more confident in their external audit preparation having supporting data that the business is being run in the right way.

Green Swan and Deep Fathom have fine-tuned these reports based on our extensive experience with the challenges that UK based EMIs, Agents, and Distributors face in the current regulatory and commercial environment. 

 

These internal audits have been designed to a specific audit scope for:

- EMI Agents and Distributors wishing to prepare efficiently and effectively for an external audit (or in a situation where an improvement in control has been suggested or required) by the EMI license holder and

- by EMI principals with Agents and Distributors that wish to supervise their own Agents and Distributors more effectively and effectively.

 

Green Swan and Deep Fathom have worked collaboratively to create this digital Regulatory Audits as a Service (RAaaS) tuned to the needs of UK EMIs their, Agents and Distributors. RAaaS is typically a fraction of the cost associated with a traditional manual audit. RAaaS can be used as a 'health check' or 'current state business review or in an internal audit mode in preparation for your external audit as well as providing supporting data and tracking for your external audit team.  

Green Swan Financial

 

Green Swam Financial is a specialist in Dormant Funds management and where possible endeavours to distribute dormant funds to UK Charities. www.greenswanfinancial.com

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