Outsourcing comes with its own set of rules. While the work may be handled by an outside provider, the legal responsibility still rests with the licensed business. Therefore, it's wise to partner with reputable providers known for quality service, equipped with the necessary expertise and resources. The Financial Markets Authority expects FAPs to establish robust agreements with clear outlines of the outsourced tasks.

Strategi Compliance provides three compliance outsource models as part of our Virtual Compliance Officer solutions, designed to meet the needs and budgets of FAPs. Additionally, we can develop personalised solutions to address specific requirements.

Many FAPs manage their day-to-day compliance internally and engage Strategi for annual compliance assurance reviews to ensure regulatory adherence. For smaller FAPs lacking dedicated compliance officers, outsourcing monthly compliance checks to Strategi proves both practical and cost-effective. Leveraging our efficient systems and skilled staff, we offer Virtual Compliance Officer solutions starting from just $500 plus GST per month for single-adviser businesses.

Contact us today to explore outsourcing options and discuss your unique needs.