BS 8453

Compliance, but not as you know it…

BS 8453 Compliance framework for regulated financial services firms sets out a professional framework for an effective compliance management system. Developed in collaboration with a group of trade associations, industry practitioners and professional bodies, BS 8453 provides a set of agreed measures that will achieve a transparent compliance culture.

 

By implementing BS 8453, your senior management can achieve peace of mind that your business is following best practice and can demonstrate that your compliance function is robust.

 

BS 8453 can be used as a benchmarking tool by those working in compliance oversight functions, those with audit and assurance responsibilities within a business, and by external compliance consultants.

 

The standard encompasses:

 

  • Guiding principles
  • The compliance culture
  • Transparency
  • Independence
  • Authority
  • Adequacy of resources
  • Confidentiality
  • The compliance framework (includes responsibilities, risk management, ongoing monitoring, training, reporting, regulatory relations, controls and supervision)
  • Best practice tools, templates and guides

 

Understanding, implementing and adhering to this British standard of excellence will increase your professionalism and accountability, providing peace of mind to your business.

 

Certification to  BS 8453  can be delivered through membership to The Standards International Academy™ or standalone. Details of fees can be found here (do feel free to contact us directly to explore multiple membership applications and/or international applications) and you can purchase your copy of  BS 8453  in our online shop.

Want to stand out from the crowd?

 

Apply now for membership to The Standards International Academy™ and  certification to  BS 8453.

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“If you want to improve your business for the benefit of everyone rather than simply ʻticking a boxʼ for compliance then meet with Standards International to show you how!”
– Martin Clarke, eightfourtwo