(PRWEB) July 19, 2011

Insurance coverage Premium Tax answer provider Impendulo today announced that it is now regulated by the Financial Services Authority (FSA).

?This is a main achievement for a little, independent consultancy,? says Impendulo MD Chris James, ?and it puts us in a distinctive position. We?re now authorised to hold and move client funds, and to offer insurance coverage mediation. It?s another clear differentiator for us.?

Peace of thoughts and complete confidence

FSA regulation is a crucial element of Impendulo?s method and underpins two of its core offerings.

Its Client Money Companies offer client banking amenities with partners CaxtonFX, including segregated funds, bespoke money and foreign exchange solutions, and payment to tax authorities across the planet. With significant sums involved, clientele now have the peace of mind of understanding that the approach meets stringent FSA suggestions.

Impendulo?s Consultancy Services offer you ongoing professional assistance and guidance, plus a tailored IPT technique that streamlines the procedure, lessens the tax burden and ensures compliance. FSA regulation assists reassure customers that the tax mediation they acquire is of the highest possible regular.

Worldwide solutions and new prospects

In addition, regulation will permit Impendulo to offer assistance and build options for non-admitted insurance coverage across the European Union. This is a significant benefit for worldwide insurers who are seeking to create insurance company in a regulated and authorised way in the EU.

Given that launch in late 2010, Impendulo has established itself as a key player in the insurance tax marketplace, already winning business from large international insurers and captive insurance coverage businesses.

?FSA regulation now will take the business to a complete new degree,? says Chris James, ?and opens up lots of choices. In a market place in which all of our clientele require to be regulated, they really enjoy it that they?re dealing with an FSA-regulated company. It tends to make due diligence considerably less complicated, and produces the self-assurance and trust that are essential in this market.?

For additional details, please make contact with

Chris James, Managing Director, Impendulo on +44()20 3008 7955

chris.james(at)impendulo(dot)com

http://www.impendulo.com

Impendulo gives a complete IPT compliance remedy to the insurance coverage sector. Offering systems &amp information management, tax compliance, client money solutions and consultancy companies, it supplies a 1-quit resolution to a complicated, time-consuming and resource-intensive activity.

By means of its partners CaxtonFX and international VAT consultants Accordance, it handles all components of IPT, from pre-bound policies to declaration and payment of tax.

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