At the end of 2005, Man Group asked Quadrant to assist in developing a Corporate Responsibility programme. This involved the creation of a Corporate Responsibility Manual, a dedicated Corporate Responsibility website and writing a detailed Corporate Responsibility Report which was launched at Man Group plcâs AGM on 11 July 2006.
Subsequently Man Financial, the brokerage division of Man Group and one of the worldâs largest futures brokers, asked Quadrant to assist with a comprehensive review and revision of its Compliance policy and architecture for the UK operations. This work is being undertaken across the range of regulatory change currently impacting in the UK, including MiFID, MAD, AML, TCF and the related FSA Handbook changes. The resulting Compliance Programme includes Compliance Policy, Compliance Process Manual, Compliance Assurance Framework, and Compliance Assurance Infrastructure. The Compliance Programme is an extended project of one yearâs duration. Towards the end of 2006, Man Financial asked Quadrant to review and re-draft its Risk Policy for their UK operations. This work is being undertaken to ensure Man Financialâs unique set of businesses comply with the Pillar II requirements of the CRD under Basel II.
Paul Lockyear, founder of Quadrant and COO says, âWe are delighted to be continuing our relationship with Man Group with this project which is a major undertaking of significant importance for both Quadrant and Man Financialâ.
Richard Seaman, Director of Compliance for Man Financial says â âWe appreciate the detailed practical risk and compliance advice we gain from working with Quadrant, who bring their extensive experience of pragmatic policy formulation and apply it to the specific strategic context of the current priorities for our unique set of businessesâ.