s166 Skilled Person Review

Contact us

Duff & Phelps has an experienced team that has undertaken a significant number of Skilled Persons reviews in the UK.

The Skilled Persons Report is a component of the tools that the regulator uses to intervene early when a particular risk they perceive is identified. The skilled persons report seeks to shift to a more proactive and outcomes-focused style of supervision with four main elements:

  • A more forward-looking assessment of potential risks in order to identify problems earlier

  • Intensive supervision of firms, including early intervention

  • Ensuring appropriate level of redress

  • Achieving a credible deterrent by taking action against firms that fail to meet standards

Duff & Phelps has systems in place to address and mitigate risks identified by the regulator and will assist firms to ensure a route to a compliant culture where policies and systems are established that are in line with sound industry practice.

/services/compliance-and-regulatory-consulting/regional/uk-regulation/skilled-persons-reports /-/media/feature/services/compliance-regulatory.ashx service

Related Services

Duff & Phelps Compliance and Regulatory Consulting

Compliance and Regulatory Consulting

UK Regulation

Comprehensive compliance and regulatory support for FCA authorized firms.

UK Regulation
Duff & Phelps Valuation Advisory Services

Valuation Advisory

Portfolio Valuation

Alternative investment valuation for private equity and hedge funds.

Portfolio Valuation
Duff & Phelps Disputes

Disputes and Investigations and Legal Management Consulting

Global Fraud and Forensic Investigations

Expert analysis to help clients understand, prevent and manage fraud.

Global Fraud and Forensic Investigations
Duff & Phelps Compliance and Regulatory Consulting

Compliance and Regulatory Consulting

Regulatory Tax Advisory

Global tax services uniquely customized for asset managers.

Regulatory Tax Advisory
Duff & Phelps Compliance and Regulatory Consulting

Compliance and Regulatory Consulting

Management Company Services

Infrastructure, staff and supervision for AIFM/UCITS ManCo duties.

Management Company Services

Insights