Law firm Clyde & Co and insurance consultancy Moore Stephens have joined forces to create a regulation and compliance advice service for intermediaries.
Clyde & Co partner James O'Shea said: "Some brokers are more prepared than others for the new FSA regime. And different brokers will require different services. The service we are offering in conjunction with Moore Stephens is built on flexibility and transparency and is designed to reflect and accommodate those different requirements.
"An intermediary may require advice from one or other of the partners to the venture, or from both.
"A broker may be confident of dealing with any problems regarding its financial controls and systems, for example, or with other general compliance issues, but it may need specialist help and advice with regard to corporate governance issues, or its liabilities in connection with its outsourcing contracts.
"With the deadline for submission of applications to the FSA fast approaching, intermediaries have no time to waste."
