Codes of Compliance

The FCSA operates a best practice Codes of Compliance designed to ensure that its Accredited Members provide services, advice and employment to the highest level of professional and ethical standards in the UK.

For recruitment agencies, the FCSA Codes of Compliance provides complete peace of mind when selecting umbrella employers, contractor accountants and CIS payroll providers for their preferred supplier list for the following reasons:

    • The FCSA Codes of Compliance were developed by Ernst & Young, in consultation with HMRC and many other stakeholders, and they are available to the public on the FCSA website.
  • All FCSA Accredited Members are tested annually against the FCSA Codes of Compliance by independent, carefully selected assessors.
  • The assessors are top-tier regulated accountants and solicitors bound by their own professional standards and code of conduct and are independent of the FCSA.
  • The assessors are experts in the sector and are carefully selected by the FCSA.
  • The FCSA Codes of Compliance is continually updated to reflect current legislation.
  • Non-compliance by FCSA Accredited Members may result in the suspension or termination of FCSA Accredited Membership.

Download Codes of Compliance   Read FCSA’s Constitution   Read FCSA’s Articles of Association

Pre-requisites for Potential Applicants

The FCSA is the UK’s leading membership body dedicated to raising standards and promoting supply chain compliance for the temporary labour market. The scope of FCSA’s accreditation covers 3 types of business operation in the UK: umbrella employment, contractor accountancy and CIS payroll services.  In order to be eligible to for FCSA accreditation, all applicants must meet all of the following criteria:

  • A minimum of 2 years successful operation and 1 year’s full accounts for the service seeking accreditation
  • A minimum of 75 contractors successfully supported by the service seeking accreditation
  • Minimum financial liquidity requirement of at least 2.5% of the margin

The above minimum criteria are essential for FCSA to be able to assess applicants’ business operations in practice, not just in theory.  It is important to realise that FCSA accreditation is not just a tick-box exercise.  

The Assessment Process

In order to achieve FCSA accreditation, applicants are independently audited against our published standards (see above).  The process requires applicants to provide documentary evidence of how they adhere to each and every standard.  In addition to the paperwork element, assessors conduct in-depth site visits to the applicant’s business to interview their staff, test scenarios, undertake random audits, listen to on-boarding calls and ensure that all policies and procedures are being implemented in practice.  

 

 

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