If you are the Chief Risk Officer at a newly established or spin-off wealth management firm in the UK, this playbook was built for you.
As the individual accountable for standing up a risk function from the ground up, you face immediate pressure to demonstrate regulatory readiness under the FCA’s Principles for Businesses and SYSC requirements. You must align investment risk frameworks with client suitability obligations under COBS while ensuring operational resilience and governance structures meet senior management expectations. The burden of proving risk oversight maturity falls directly on your shoulders, often with limited internal resources and tight launch timelines. Any delay or gap in risk program deployment increases scrutiny and potential enforcement action.
Engaging external consultants to design and implement a compliant risk function typically costs between EUR 80,000 and EUR 250,000. Alternatively, dedicating 2 to 3 internal staff members full-time for 6 to 9 months to develop policies, controls, and evidence trails consumes scarce bandwidth and delays business launch. This comprehensive 64-file implementation framework delivers the same structured approach for a single payment of $395.
What you get
| Phase | File Type | Description | Count |
| Foundation | Domain Assessments | 30-question evaluation tools covering core risk domains to identify current state maturity and gaps | 7 |
| Design | Policy Templates | Editable draft policies aligned with FCA requirements including risk appetite, investment risk, and operational risk | 18 |
| Design | Framework Models | Risk taxonomy, escalation pathways, and decision rights architecture for wealth-specific risks | 6 |
| Implementation | RACI and WBS Templates | Ready-to-adapt responsibility assignment matrices and work breakdown structures for risk program rollout | 4 |
| Implementation | Control Registers | Pre-built operational and investment risk control libraries with testing frequencies and ownership fields | 8 |
| Evidence & Audit | Evidence Collection Runbook | Step-by-step guide to gathering and organizing documentation for regulatory inspections | 1 |
| Evidence & Audit | Audit Preparation Playbook | Checklist-driven process for internal and external audit readiness across all risk domains | 1 |
| Integration | Cross-Framework Mappings | Detailed alignment tables linking controls and requirements across FCA, SYSC, COBS, and Solvency II | 17 |
| Culture & Governance | Risk Culture Assessment Playbook | Survey instruments, interview guides, and scoring models to evaluate risk culture maturity | 3 |
| Governance | Board Reporting Templates | Monthly and quarterly risk reporting formats for executive and board-level review | 3 |
Domain assessments
1. Wealth Management Risk Governance Assessment evaluates the maturity of board and committee oversight, delegation of authority, and decision-making accountability.
2. Investment Risk Management Assessment measures the robustness of portfolio risk monitoring, model validation, and concentration controls.
3. Operational Risk Assessment identifies gaps in business continuity planning, third-party oversight, and incident management processes.
4. Client Suitability and Appropriateness Assessment reviews adherence to COBS requirements in client profiling, advice documentation, and review frequency.
5. Compliance Integration Assessment assesses the coordination between risk and compliance functions in monitoring regulatory change and breach reporting.
6. Risk Appetite and Tolerance Framework Assessment tests the clarity, communication, and embeddedness of risk limits across business units.
7. Risk Culture and Conduct Assessment gauges employee perception of risk ownership, psychological safety in escalation, and leadership tone from the top.
What this saves you
| Activity | Time Required Without this playbook | Time Required With this playbook |
| Develop risk governance structure | 12 to 16 weeks | 3 to 4 weeks |
| Draft core risk policies | 8 to 10 weeks | 2 to 3 weeks |
| Map controls to FCA requirements | 6 to 8 weeks | 1 to 2 weeks |
| Prepare for first internal audit | 4 to 6 weeks | 1 week |
| Establish risk culture baseline | 5 to 7 weeks | 10 business days |
Who this is for
- Chief Risk Officers launching a new wealth management entity or spin-off business
- Head of Risk at boutique advisory firms expanding into discretionary management
- Compliance Directors tasked with interim risk function leadership during setup
- Operations Leads responsible for embedding risk controls in client onboarding and portfolio management
- Internal Audit Managers preparing to assess a newly formed risk function
- Executive Committees seeking an independent benchmark of risk program maturity
- Regulatory consultants supporting clients in FCA authorization applications
Cross-framework mappings
FCA Principles for Businesses
FCA SYSC (Senior Management Arrangements, Systems and Controls)
FCA COBS (Conduct of Business Sourcebook)
Solvency II (for insurance-linked investment products and capital risk assessment)
UK Corporate Governance Code (risk oversight expectations for boards)
ICO Data Protection Act 2018 (operational risk and client data handling)
PSD2 and RTS on Strong Customer Authentication (operational and conduct risk implications)
What is NOT in this product
- This is not a software platform or hosted system. All files are provided in editable formats for local use.
- No consulting services are included. Implementation support must be arranged separately.
- The templates do not include pre-filled firm-specific data, assumptions, or risk appetite statements.
- It does not cover anti-money laundering frameworks in depth, though operational risk templates reference AML controls.
- It is not tailored to asset management or retail banking models outside the defined scope of UK wealth management.
- There are no training sessions, webinars, or certification programs associated with this purchase.
Lifetime access
You receive a one-time download of all 64 files with no subscription required. There is no login portal, no recurring fees, and no access expiration. Once delivered, the materials are yours to use, modify, and distribute internally without restriction.
About the seller
The creator has 25 years of experience in financial services risk and compliance, supporting institutions across Europe, North America, and Asia. They have documented 692 regulatory and industry frameworks and built 819,000+ cross-references between control requirements. Their frameworks are used by over 40,000 practitioners in more than 160 countries, focusing on practical implementation in regulated financial environments.
