Clive Briault is a Principal Consultant with FSC. Clive has a wealth of experience and expertise in regulation, gained from ten years as a senior regulator at the Financial Services Authority (FSA) and eighteen years at the Bank of England. Clive is a consultant to financial institutions and regulatory agencies both in the UK and overseas. He also serves as a non-executive director for firms wishing to have his wise counsel on regulatory and related business issues. He is particularly well placed to advise on the impact of regulatory changes and help firms to understand and prepare for such changes. He is a program leader at the Toronto Centre for Leadership in Financial Supervision. At the FSA, Clive was Managing Director for Retail Markets and an executive member of the FSA Board from 2004 to 2008, responsible for: •    Delivering key regulatory initiatives, including the implementation of new capital regimes for banks and insurers, Financial Capability, Treating Customers Fairly, and the Retail Distribution Review. •    Supervising retail financial services firms, including UK banks and building societies, life insurance companies, asset management companies and investment, mortgage and general insurance advisers. •    Implementing risk-based and outcome-focused regulation. Prior to that, Clive was the Director of Prudential Standards from 2001 to 2004, responsible for capital requirements for all types of financial services firms, and in particular for the development and introduction of the FSA’s modernised capital regime for insurance companies. Clive was also a founding member of the Committee of European Banking Supervisors. At the Bank of England, Clive held senior roles in both the supervision and monetary policy areas of the Bank. These included Director of Capital and Wholesale Markets Supervision and Director of Monetary Assessment and Strategy. Clive was closely involved with the development and implementation of the Bank’s inflation target framework for monetary policy. In terms of voluntary service, Clive chairs the West Ham & Plaistow New Deal Partnership Limited, a charity devoted to improving community services in West Ham and Plaistow areas of London.

Our Consulting Team -  Consultants

Quality is paramount in everything we do. With this in mind, FSC has access to a carefully chosen pool of executives who meet our quality standards. 

 In addition to a broad knowledge of the financial services industry, each of our consultants has considerable expertise in their own particular fields. By grouping appropriate skills and experience together for each assignment, we offer a first-class cost-effective service to our clients.
 

The following are our consultants, in alphabetical order:-

Brian Bendle 

Brian Bendle is a specialist consultant on professional liability insurance products. In an increasingly dangerous world, it is vitally important that firms manage their risks properly and this is even more so for "common platform" MiFID firms. One of the methods of managing key risks is to have proper bespoke insurance cover as the "one size fits all" approach will probably be found wanting when serious issues arise. Brian Bendle specialises in designing tailored-made solutions taking into account your firm's business profile and other relevant factors. As part of our consulting team, he brings his unrivalled knowledge and experience to bear to ensure that a comprehensive approach is adopted in designing solutions to manage your insurance needs. Please note that Brian Bendle will be providing all professional insurance advice under the auspices of PSR Insurance Brokers Limited. . For more information on the services of PSR Insurance Brokers Limited, please go to www.psrib.com

 

Peter Szeremeta , FCMA, ACIS, ACIB

Peter, a consultant with FSC, is a highly experienced compliance and operational risk professional. Working with other members of FSC's consultancy team, he will provide advice and assistance to clients concerning operational risk and other compliance issues. Peter has over 20 years experience in financial services and has worked for the Financial Services Authority (FSA) and “blue chip” product providers in senior roles covering retail compliance including the mortgage sector, operational risk and internal audit. Peter joined the Securities and Investments Board (SIB) in 1987 from Bradford & Bingley. As Assistant Director of the Authorisation and Compliance Division, he was responsible for monitoring a diversity of businesses including life companies, building societies, unit trust managers, banks and independent financial advisers. The SIB was renamed FSA in 1997 as part of the move to a single regulator. From SIB/FSA, Peter joined Lloyds Abbey Life as Group Compliance Manager, followed by Gartmore Fund Managers before going back to the FSA. At the FSA, he was responsible for monitoring a major product provider before moving to the FSA’s Banks and Building Societies Policy Division. Peter joined the Prudential in 1999 as Compliance Monitoring Manager and during the eight years with them substantially expanded his compliance knowledge and experience. He also worked within the Prudential businesses in various operational risk management roles. Prior to joining FSC, Peter was with GMAC RFC (a subsidiary of General Motors specialising in mortgages) where he was instrumental in setting up the UK Internal Audit Function. In summary, Peter’s experience includes:- Acting as an Expert Witness for the FSA at a Financial Services Tribunal hearing.  Setting up an Internal Audit function.  Setting up compliance monitoring functions for two companies.  Operational risk covering the areas of Product Development, Marketing and Business Transformation.  Developing and delivering risk-based compliance and audit plans. Working with Boards and senior management.  Recruiting and managing compliance staff. Peter is a Fellow of the Chartered Institute of Management Accountants, an Associate of the Institute of Chartered Secretaries & Administrators and an Associate of the Chartered Institute of Bankers.

 
Chris Taylor

Chris Taylor is a compliance consultant with FSC. His role at FSC includes delivering strategic compliance and business advice to help clients in growing their businesses. Following graduation in Social Sciences in 1968, Chris Taylor has spent his career within the financial services industry, working predominantly within the fields of Banking and Asset Management. Commencing as a graduate trainee in commercial banking, he then pursued an initial career path in Human Resource management, qualifying as a Chartered Fellow of the Institute of Personnel and Development and gaining substantial experience of graduate recruitment/development, training, disciplinary/grievance procedures and strategic up and down-sizing. Since 1985 he has worked within Compliance and Regulation from its commencement in the UK. He has held the positions of CF10 (Compliance Oversight) and CF11 (Money Laundering Reporting Officer) in several businesses, including the roles of Joint Deputy Global Head of Compliance for NatWest Group and Director of Compliance for Lombard Odier Darier Hentsch, a Swiss Private Bank. He has conducted strategic reviews of businesses overseas ranging from North America, Europe to the Far East, providing education and strategic analyses to local Boards and Senior Management. He has experience of conducting and mapping operational risk assessment and promoting effective corporate governance. His experience includes chairing the Audit and Compliance Committee of the London subsidiary of an overseas bank. Chris is a frequent speaker at and Chairman of Conferences in London and is also actively involved with training and education including courses run by The Compliance Register. He has had a number of articles published in learned journals. He is Chairman of an independent Fund Management Compliance Discussion Group, Deputy Chairman of the Securities and Investment Compliance Forum and a member of the Securities and Investment Institute’s Integrity and Ethics Committee having recently assisted the Institute in writing and editing their publication, “Integrity at Work in Financial Services”. Since 1997, rather than performing a narrow, technical compliance role he has operated at Senior Management/Board level in providing broad, strategic input and advice in situations such as new business start-ups, business re-modelling, business expansion and down-sizings. Chris holds several non-executive directorships within Financial Services businesses, is a Freeman of the City of London and a Liveryman within the Guild of International Bankers.

OUR CONSULTING TEAM - SENIOR ASSOCIATES

Malcolm Brown is a Senior Associate with FSC. Malcolm is a specialist in the insurance industry having held senior positions both in the UK and overseas. His experience includes 16 years experience in South East Asia and the Far East. His roles have been on both the underwriting and general management sides of the business. This work involved working with brokers, clients at all levels and regulators where appropriate. Malcolm has also presented on a variety of insurance-related matters at domestic and international conferences. Since 2004, Malcolm has been working and advising on compliance, financial crime (including sanctions issues), business processes, risk and solvency requirements. In addition to consultancy work, Malcolm also welcomes non-executive directorships that may benefit from his considerable experience and expertise. Malcolm has a Bachelor of Laws degree awarded by the University of London and is a member of the Chartered Insurance Institute.