Identify risk through effective file reviews

Rennie Risk Management will work with you to improve your file management procedures and overall efficiency

Regulated firms are expected to review a sample of new business for all advisers in the firm. We know that this is time consuming and is very often treated as a tick box exercise due to the routine and relentless nature of the task in hand.  However we strongly believe that files reviews are a highly effective riskmeans of identifying and mitigating risks in regulated firms, for example the financial risk of upholding complaints and the reputation risk if firms were to find themselves subject to censure from the regulator for procedural issues that could have been identified and managed by a robust file review process.

We are level 4 qualified and we review files to a high standard taking into consideration COBS rules, feedback from the Financial Ombudsman service and examples of good and bad practices from FCA thematic reviews.

We also seek to identify breaches of the firm’s own procedures in terms of financial crime, pre-approval, etc.

We have a proven track record of working with firms to improve the overall standard of client files thereby reducing the risk in this area.

To find out more about how Rennie Risk Management could help your business call us on 0784 0117 044 or email

What We Offer:

Rennie Risk Management Limited offer an outstanding range of high quality consultancy services aimed specifically at small regulated firms who are required to enusre their businesses are fully compliant with the latest, ever-changing regulations.

Our approach identifies risk and reduces time consuming routine tasks

We can help increase your staff efficiency

We work closely with you and help improve the overall standard of your internal working procedures

Rennie Risk Management Limited
3 Littlemill Way, Motherwell
Scotland, ML1 4FF
Telephone: 0784 0117 044