Financial Services

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We offer financial firms of all sizes and types, strategy, planning and solutions. Through this we can help companies address all sorts of compliance issues, from assessing how robust their systems and processes are, to making recommendations for improvements, training staff and communicating a culture of compliance within an organisations or helping to resolve issues and problems which may arise.

From our work across a range of financial clients, firms using Thistle Initiatives benefit from our shared learning and experience. We pride ourselves on being pro-active and helping to keep you fully in the picture of the latest trends and FCA rulings.

Our practice ranges from consumer insurances sold over the phone, to firms organising spread betting, offering their clients Unauthorised Collective Investment Schemes (UCIS) as well as IFA’s offering more general financial advice. For examples of the remedial work we have undertaken please refer to our Case Studies page.


    Thistle Initiatives is a specialist financial services compliance firm, whose vast experience of regulatory matters in the financial services sector can help every size of firm, at a strategic level as well as on a day to day basis. Thistle Initiatives can assist with all regulatory requirements from FCA authorisation to enforcement and from consulting to accountancy matters.

    We can also provide Appointed Representative (AR) status, check the checker services and, if necessary, help to rectify and remedy systemic compliance issues identified from historic business practices.

    We have extensive expertise, working across

    • Finance
    • Insurance
    • Life and Pensions
    • Investment 

    If you would like some more information regarding the wide range of work we do for finance firms, please get in touch to learn more about our services and what Thistle Initiatives can do for you.


    Telephone: +44 (0)20 7436 0630
    Email: info@thistleinitiatives.co.uk


    With the regulatory world evolving and becoming ever more complex, firms find themselves under constant scrutiny in ensuring they remain compliant. For some, the upkeep of a compliant culture and the managing of regulatory risks, can prove to be difficult as well as time-consuming.

    At Thistle Initiatives we offer a range of compliance services, to provide you with the support, advice and confidence you need to ensure your business adheres to the FCA’s rules and regulations. Our compliance services can also be tailored-fit to your firm’s regulatory requirements, whether it’s specific permissions you require under an Appointed Representative status, or a complete re-write of your compliance documents, Thistle Initiatives will install an effective framework which maintains regulatory compliance within your business activities.

    We have a broad portfolio of clients, from startup insurance firms wanting oversight of their financial promotions, to existing UK award-winning insurance providers needing a complete review of their entire systems and controls. Our approach allows us to gain a deeper understanding of your business model and ultimately Thistle Initiatives can drive you towards your compliance goal.

    In summary, the mission of Thistle Initiatives is to help you embed a culture of compliance in the genes of your firm and contribute to your trading success.

    Thistle can help you with the following areas



    We have a broad portfolio of clients, from startup insurance firms wanting oversight of their financial promotions, to existing UK award-winning insurance providers needing a complete review of their entire systems and controls. Our approach allows us to gain a deeper understanding of your business model and ultimately Thistle Initiatives can drive you towards your compliance goal.

    As part of our compliance services at Thistle Initiatives, we keep our clients updated with the latest regulatory news, allowing them to stay ahead of the competition in the compliance world. We will send regular Regulatory Updates direct to your inbox, as and when the most significant issues arise in your sector, as well as any broad regulatory matters that we believe will be relevant to your firm’s business activities.

    In addition to our updates, Thistle Initiatives compose a monthly compliance newsletter, providing you with advice and insight into recent FCA activities and financial services as a whole. You can also follow us on Twitter for quick updates throughout the day.

    The client is part of a multi-national asset management group with £11 billion under management. They sought for Thistle’s advice regarding new regulatory...

    The client deals exclusively with property backed unregulated investment schemes based in the UK and wanted to become an Appointed Representative to enable them to...

    The client firm is an award winning insurance provider, voted by the UK public, and it was to set up a national inbound contact centre in order to arrange and sell...


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      James Dingwall

      James Dingwall

      Founder and Chief Executive Officer

      James is founder and CEO of Thistle Initiatives Limited and is a Chartered Member of the Chartered Institute of Securities & Investment.

      James' knowledge and understanding of the regulatory environment from both a legal and commercial perspective has led him to speak at a number of industry conferences and to provide commentary for the FT on contemporaneous issues.

      Prior to starting Thistle, James worked for two of the Big Four, holding senior positions in both and leading many large scale, high-profile projects. James also acts as a business advisor to some of the UK's leading entrepreneurs and private investors. He is also a keen investor himself in start-up ventures and has been involved in a number of successful transactions.

      Michael Bellenger

      Michael Bellenger

      Director

      Mike is a Fellow of the Association of Chartered Certified Accountants with 16 years' experience in both public practice and industry, holding senior and board level positions for most of that time

      During his time in practice Mike oversaw a diverse corporate client portfolio dealing extensively in financial services, risk management and corporate/capital restructuring.

      Mike specialises in Prudential Regulation and Capital Adequacy Requirements, assisting firms not only with their regulatory reporting obligations but also preparing and advising on ICAAP's, Stress Testing and Pillar 3 disclosures.

      Paul Smith

      Paul Smith

      Director

      Paul, initially qualifying as a lawyer in the early 1980's, has many years experience of the insurance sector, originally as an underwriter and then building up a large MGA which eventually employed over 250 people. During this time he oversaw the introduction of an FCA approved compliance regime and the business as a whole was always run to a high standard.

      Paul is Director of Insurance at Thistle and assists firms with all elements of FCA requirements, from designing and implementing new insurance products, dealing with the FCA on supervision and enforcement matters, specifically in relation to claims and inbound & outbound direct-to-consumer selling. Paul is also a keen investor and involved with a number of start-up businesses.




        If you would like some more information regarding the wide range of work we do for finance firms, please get in touch to learn more about our services and what Thistle Initiatives can do for you.

        Get in Touch

        Telephone: +44 (0)20 7436 0630

        Head Office: Thistle Initiatives, 37 Queen Anne Street, London, England, W1G 9JB

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